SEC Chairman Backs "Super-App" Platforms in Crypto Market Overhaul

SEC Chair Paul Atkins announced a significant shift in the agency's approach to digital assets, stating that "most crypto tokens are not securities." The move signals a departure from enforcement-led oversight toward a structured regulatory framework. Project Crypto, unveiled at the OECD Roundtable in Paris, aims to modernize securities regulations for blockchain markets, offering "clear, predictable rules" for trading, lending, and staking activities.

The initiative draws inspiration from the EU's MiCA regime and emphasizes international cooperation. Crypto platforms may soon operate as "super-apps," integrating multiple services under a single regulatory structure. This development could provide much-needed clarity for the industry and foster growth across global digital asset markets.