SEC Chairman: The era of cryptocurrency has arrived, and most crypto tokens are not securities

ChainCatcher News, during the inaugural OECD Global Financial Markets Roundtable, SEC Chairman Paul S. Atkins delivered a keynote speech, stating: The era of cryptocurrency has arrived. Most crypto tokens are not securities, and the SEC will clearly define these boundaries, ensuring that entrepreneurs can raise funds on-chain without facing endless legal uncertainties.

The SEC must also allow "super app" trading platforms to innovate, increasing the choices available to market participants. Platforms should be able to offer trading, lending, and staking services under a single regulatory framework. Investors, advisors, and broker-dealers should also have the freedom to choose among various custody solutions.