In a significant change to policy, SEC Chair Paul Atkins stated that only a small percentage of crypto should be considered securities. The more stringent stance taken by former Chair Gary Gensler, who maintained that the majority of tokens were subject to securities law, is clearly in contrast to this. In addition to giving projects more clarity and reducing regulatory pressure, the change may also spur innovation and institutional investment in the US cryptocurrency market.
SEC Chair Paul Atkins Signals Softer Stance on Crypto Tokens
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