SEC Chair Atkins: There are very few tokens that are securities
Paul Atkins spoke at Wyoming Blockchain Symposium on the SEC’s Project Crypto, its relationship with the Trump administration, and its plans on handling digital asset regulations.
US Securities and Exchange Commission (SEC) Chair Paul Atkins suggested only a small fraction of crypto tokens should be considered securities, as part of the agency’s changing approach to what constitutes a security under its purview.
Speaking from the Wyoming Blockchain Symposium in Jackson Hole on Tuesday, Atkins discussed how the SEC’s “Project Crypto” initiative to establish rules on digital assets could affect how the agency addresses companies moving forward. He signaled that the SEC would chart its own path, as members of Congress consider bills to establish market structure.
“We can not go about looking at [tokens] themselves as necessarily being a security,” said Atkins, adding:
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