SEC Chairman Shifts Crypto Regulation Stance, Raises Questions About Token Classifications

The U.S. Securities and Exchange Commission (SEC) is undergoing a significant shift in its approach to crypto regulation under the leadership of new chairman Paul Atkins. A stark contrast with his predecessor Gary Gensler, who previously asserted that most cryptocurrencies were securities, Atkins has signaled a more nuanced stance. Speaking at the Wyoming Blockchain Symposium, Atkins made clear that few tokens should be classified as securities. His statements suggest the SEC’s approach to cryptocurrency regulation may soon evolve significantly.