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SEC Chair Suggests Most Crypto Tokens Are Not Securities
SEC Chair Suggests Most Crypto Tokens Are Not Securities
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BTCCSquare news:
SEC Chair Paul Atkins has indicated that the majority of cryptocurrency tokens should not be classified as securities, stating that a token alone is "probably not" a security. The remarks come as the SEC launches "Project Crypto," an initiative aimed at modernizing securities laws and transitioning U.S. markets onto blockchain technology.
Atkins stressed the importance of establishing a clear regulatory framework to foster innovation in the crypto sector while shielding it from overreach. The move signals a potential shift toward more accommodating policies for digital assets, with implications for market structure and investor protections.
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