US SEC Chairman: The era of cryptocurrency has arrived, and most crypto tokens are not securities

09/10 12:11

 Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission, delivered a keynote speech at the first OECD Global Financial Markets Roundtable, stating: The era of cryptocurrency has arrived. Most cryptocurrencies are not securities, and the U.S. Securities and Exchange Commission will clearly define these boundaries, ensuring that entrepreneurs can finance on the chain without facing endless legal uncertainty. The U.S. Securities and Exchange Commission must also allow "super app" trading platforms to innovate, increasing market participants' choices. Platforms should be able to provide trading, lending, and pledging services under a single regulatory framework. Investors, advisors, and broker-dealers should also have the freedom to choose from a variety of custody solutions.
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