The interpretative notice, released Tuesday, concluded that most cryptocurrencies are likely not securities under federal law

Crypto News

U.S. Securities and Exchange Commission Chair Paul Atkins has described the agency’s newly issued interpretative notice on digital assets as an opening move rather than a settled position, signaling that broader regulatory action is still ahead.

Speaking Thursday at the Practising Law Institute, Atkins said the SEC would move away from the “regulation by enforcement” approach that defined its recent past. The agency signed a memorandum of understanding with the Commodity Futures Trading Commission last week, and Atkins said the SEC’s next focus would be clarifying how existing federal securities laws…