SEC Chair Unveils Crypto Framework to Separate Securities From Collectibles
Digital commodities, collectibles, and practical tokens will fall outside the oversight of the SEC under Project Crypto.
The U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has detailed the next phase of “Project Crypto,” guiding how digital assets will be regulated under federal securities laws.
The effort builds on work led by Commissioner Hester Peirce and the Crypto Task Force, which focuses on transparent and economically fair treatment of cryptocurrencies.
SEC Clarifies Which Tokens Are Not Securities
In a recent address, Atkins talked about the uncertainty surrounding crypto classification over the past decade, explaining that most of it…
