TechFlow, August 20 — According to TheBlock, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins said at the Wyoming Blockchain Symposium that only a small number of crypto tokens qualify as securities, a stance sharply contrasting with that of his predecessors. Atkins emphasized that tokens themselves are not inherently securities—their classification depends on how they are packaged and sold.
The SEC previously launched "Project Crypto" to modernize securities laws and facilitate the migration of U.S. financial markets onto blockchain. Atkins stated that the SEC will embrace innovation and work with government agencies and Congress to build a framework that prevents regulatory overreach.
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