{"id":8407,"date":"2025-08-21T06:18:05","date_gmt":"2025-08-21T06:18:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/very-few-cryptocurrencies-are-securities-sec-chair-paul-atkins\/"},"modified":"2025-08-21T06:18:11","modified_gmt":"2025-08-21T06:18:11","slug":"very-few-cryptocurrencies-are-securities-sec-chair-paul-atkins","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/very-few-cryptocurrencies-are-securities-sec-chair-paul-atkins\/","title":{"rendered":"\u2018Very few cryptocurrencies are securities:\u2019 SEC Chair Paul Atkins"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>SEC Chairman Paul Atkins recently clarified that only a very small number of cryptocurrencies qualify as securities.<\/p>\n<div id=\"cn-block-summary-block_2a6d7e8cee887ac93c332dc6a9701ae2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>SEC Chairman Paul Atkins has clarified that only a very small number of cryptocurrencies qualify as securities.<\/li>\n<li>The approach marks a significant shift from former Chair Gary Gensler\u2019s stricter stance and anti-industry policies.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>During his <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/live\/34fdBEy2Ibk?t=8414s\" target=\"_blank\">speech<\/a> at the Wyoming Blockchain Symposium 2025, U.S. Securities and Exchange Commission Chairman Paul Atkins commented on the classification of cryptocurrencies, saying most tokens are not securities.<\/p>\n<p>According to him, whether a cryptocurrency is considered a security depends on how it is \u201cpackaged and sold,\u201d rather than its inherent characteristics.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cJust the token itself is not necessarily a security, and probably not,\u201d he said, \u201cThere are very few, in my view, tokens that are securities, but it depends on what\u2019s the package around it and how that\u2019s being sold.\u201d<\/p>\n<\/blockquote>\n<p>Atkins\u2019 remarks represent a significant shift from the approach adopted by former SEC Chair Gary Gensler, who classified the majority of crypto assets under U.S. securities law. Gensler\u2019s stance led to widespread enforcement actions against the industry, creating a hostile regulatory environment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Since his appointment in April, Atkins has consistently stressed that the industry deserves regulatory clarity, adopting a more welcoming and non-hostile approach to regulations. His latest remarks also build on broader positive regulatory developments in recent months, including the formation of a new pro-industry initiative called \u201cProject Crypto.\u201d<\/p>\n<h2 class=\"wp-block-heading\">What is Project Crypto?<\/h2>\n<p>Earlier in July, Atkins announced the launch of \u2018Project Crypto\u2019 by the SEC. The project aims to create clear rules for crypto distributions, custody, and trading, providing businesses with guidance on token offerings and overall operations.\u00a0<\/p>\n<p>While final regulations are still being developed, Atkins said the SEC would consider using interpretative, exemptive, and other authorities to ensure that outdated rules do not stifle innovation.<\/p>\n<p>The efforts come as the Trump administration continues to push to maintain the United States\u2019 dominance in global digital asset markets, with a separate Working Group on Digital Assets also calling for a unified framework that promotes innovation. The U.S. House also recently passed three landmark bills relating to the industry, including the GENIUS Act, the first official federal framework for stablecoins. <\/p>\n<p>Atkins <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/secpaulsatkins\/status\/1957902141005390029?s=46\" target=\"_blank\">added<\/a> recently that the SEC is also focused on protecting the industry from future challenges such as regulatory overreach or unfair enforcement, highlighting the need for rules that are clear, adaptable, and capable of supporting innovation over the long term.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe must craft a framework that future proofs the crypto markets against regulatory mischief. I look forward to working with my counterparts across the Administration and Congress to get the job done,\u201d he wrote.<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SEC Chairman Paul Atkins recently clarified that only a very small number of cryptocurrencies qualify as securities. Summary SEC Chairman Paul Atkins has clarified that only a very small number&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8407"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8407\/revisions"}],"predecessor-version":[{"id":8408,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8407\/revisions\/8408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1999"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}