The SEC Chairman announced the advancement of cryptocurrency asset regulatory reforms, clarifying that most cryptocurrencies are not securities

ChainCatcher News, the Chairman of the U.S. SEC stated at the OECD Global Financial Markets Roundtable that the U.S. will promote the modernization of securities rules through "Project Crypto," clarifying that most crypto tokens do not fall under securities and supporting innovative platforms to provide services such as trading, lending, and staking under a single regulatory framework.

The SEC will collaborate with international regulatory agencies to promote innovation in capital markets and regulatory coordination.