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SEC Chairman: Most Tokens Not Securities, Supports 'Super App' Platforms

Summary: In a recent statement, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that 'most cryptocurrencies are not securities,' while outlining a comprehensive plan to bring activities such as trading, lending, and staking in the crypto space under a unified regulatory framework. Atkins, speaking at a roundtable meeting of the OECD ...

In a recent statement, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that 'most cryptocurrencies are not securities,' while outlining a comprehensive plan to bring activities such as trading, lending, and staking in the crypto space under a unified regulatory framework. Atkins, speaking at a roundtable meeting of the OECD in Paris on Wednesday, mentioned that the SEC will embark on a new chapter where policies will no longer be based on ad hoc enforcement actions, but will provide clear rules to support innovators. The President's Working Group on Financial Markets has submitted a 'bold blueprint' to support this mission.

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