SEC Chair Paul Atkins spoke at the Wyoming Blockchain Symposium, announcing a new approach to the regulation of crypto tokens.
New SEC Perspective on Crypto Tokens
At the symposium, Paul Atkins stated that only a small percentage of crypto tokens can be considered securities under SEC standards. He noted that not all tokens automatically fall into this category and that much depends on how they are sold.
"From the SEC’s perspective, we will plow forward on this idea that just the token itself is not necessarily a security," Atkins said. "Very few, in my mind, tokens are securities, but it depends on the package around it and how it’s being sold."
Congress's Stance on Crypto Market Rules
These remarks come as Congress is trying to create clearer regulations for digital assets. The House of Representatives passed the CLARITY Act in July 2025, aimed at defining and regulating U.S. crypto markets. Senate Banking Committee Chair Tim Scott indicated bipartisan support for legislative initiatives, noting that as many as 18 Democrats may support the bill.
SEC Initiatives for Crypto Industry Regulation
Atkins also mentioned the SEC's initiative called 'Project Crypto,' which aims to create regulatory frameworks for companies trading in blockchain-based tokens. This initiative seeks to protect investors without stifling innovation in the crypto market. The SEC's new approach to digital asset regulation may help businesses and investors navigate the evolving cryptocurrency landscape.
Paul Atkins' remarks at the symposium signify significant changes in the SEC's approach to cryptocurrency regulation. New legislative initiatives could provide more clarity and confidence for both investors and companies in the market.
