SEC Chairman Declares Most Crypto Tokens Not Securities

The U.S. Securities and Exchange Commission (SEC) has taken a major step towards easing regulatory pressure on the crypto market under new Chairman Paul Atkins’ leadership. He has announced that most cryptocurrency tokens will no longer be classified as securities, ushering in a new era of regulation for this sector. This move, spearheaded by ‘Project Crypto,’ signifies a significant shift from the SEC’s previous stance, which heavily impacted the crypto industry and stifled innovation.