SEC Chair Atkins Doubles Down on Project Crypto: ‘We Want to Embrace Innovation’

In brief

  • SEC Chair Paul Atkins announced a major shift in crypto strategy, stating the regulator will no longer pursue “regulation by enforcement” against crypto projects, and wants to “embrace innovation.”
  • Atkins launched “Project Crypto,” an initiative to attract crypto businesses to the U.S. by offering tailored disclosures, exemptions, and safe harbors for various crypto offerings like ICOs and airdrops.
  • The SEC chair believes most crypto tokens are not securities by nature, marking a significant departure from previous regulatory positions and aligning with the Trump administration’s crypto policy recommendations.

SEC Chair Paul Atkins reiterated Tuesday that the financial regulator is making a clean break with its crypto…

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