SEC Chair Paul Atkins Promotes On-Chain Markets and Clear Crypto Regulations
- Atkins announced a shift from enforcement-driven policymaking to clear regulations for tokens, custody, and trading platforms.
- He stated that most tokens are not securities and promised bright-line rules for SEC oversight.
- The SEC’s Project Crypto aims to facilitate decentralized finance software and tokenized securities while ensuring investor protections.
- Custody rules will be updated to provide multiple options for investors and intermediaries.
- Atkins emphasized the potential of AI in finance, describing a future with “agentic finance” where AI systems manage trades autonomously.
Atkins’ remarks highlight the SEC’s commitment to fostering innovation in U.S. markets while providing necessary regulatory clarity for crypto assets. This approach aims to eliminate legal uncertainties for entrepreneurs seeking to raise capital on-chain.
With the launch of Project Crypto, the SEC is positioning itself to lead in financial innovation, as Atkins noted that “crypto’s time has come.” (Source)
