{"id":157258,"date":"2026-04-27T19:11:28","date_gmt":"2026-04-27T19:11:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=157258"},"modified":"2026-04-27T19:11:28","modified_gmt":"2026-04-27T19:11:28","slug":"sec-cftc-chiefs-signal-new-day-for-u-s-onshore-crypto-tokenization-and-future%e2%80%91proof-rules","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=157258","title":{"rendered":"SEC, CFTC Chiefs Signal \u2018New Day\u2019 for U.S. Onshore Crypto, Tokenization and Future\u2011Proof Rules"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

SEC, CFTC Chiefs Signal \u2018New Day\u2019 for U.S. Onshore Crypto, Tokenization and Future\u2011Proof Rules<\/a><\/p>\n

<\/div>\n

SEC Chair Paul Atkins and CFTC Chair Mike Selig used back\u2011to\u2011back fireside chats on the Nakamoto Stage at The Bitcoin 2026 Conference to signal a reset in Washington\u2019s approach to digital assets, tokenization, and market structure.\u00a0<\/p>\n

Atkins described it as \u201ca new day at the SEC,\u201d while Selig<\/a> said regulators are \u201cturning over a new page\u201d and need to harmonize their efforts.<\/p>\n

Atkins said the SEC is taking a new approach to digital assets and wants that activity onshore rather than pushed to foreign jurisdictions. He said the SEC and CFTC are now working<\/a> together on digital assets and aim to set a new benchmark for inter\u2011agency collaboration.<\/p>\n

That cooperation underpins the joint token taxonomy guidance, which draws lines between digital commodities, collectibles, and tokenized securities and offers a framework market participants can use as they classify assets.<\/p>\n

Atkins revisited the long\u2011running debate over how the Howey test<\/a> and existing securities laws apply to crypto. Atkins said the SEC is trying to apply that framework to digital assets, tokens, and related instruments while grappling with the boundary between securities and commodities.\u00a0<\/p>\n

Atkins: \u201cInnovation exemption\u201d is coming<\/h2>\n

He indicated that an \u201cinnovation exemption\u201d is coming, designed to give crypto projects room to build within a defined regulatory lane instead of staying in a gray area or moving offshore.<\/p>\n

Atkins tied that effort to Congress and said legislators need to speak clearly on digital assets so there are durable rules and so entrepreneurs can pursue their goals in the United States.<\/p>\n

He argued that it is important to have a statute that is future proof for this space and said nothing future proofs of a market like clear statutory law drafted with emerging technology in mind. He pointed to token taxonomy guidance as a step in that direction but stressed that a statute from Congress would anchor policy across administrations.<\/p>\n

On the recent guidance, Atkins said the agencies wanted to provide principles and definitions without publishing a prescriptive list of tokens or implying recommendations about what investors should buy. He cited President Donald Trump\u2019s GENIUS Act on stablecoins as an example of a principles\u2011based regulatory model that leaves room for innovation while drawing firm boundaries around risk.\u00a0<\/p>\n

He said the SEC is focused on tokenized securities through a principles\u2011based approach rather than detailed product\u2011by\u2011product prescriptions.<\/p>\n

Atkins also addressed the Clarity Act and broader crypto market structure legislation. He said there could be movement on that package in May, with the possibility of passage in June, but he cautioned that nothing is guaranteed.\u00a0<\/p>\n

If crypto structure reform does not pass, he said, industry participants should remember that elections have consequences, pointing to pivots at both the SEC and CFTC as evidence of how quickly supervisory priorities can shift.<\/p>\n

Looking ahead, Atkins framed crypto and blockchain technology as the most exciting aspect of the current transition. He highlighted the prospect of instantaneous settlement and said faster settlement can reduce risk in the financial system.<\/p>\n

Instant or near\u2011instant settlement, he argued, can shrink counterparty and settlement risk and free up capital that is now tied up in back\u2011office processes. He said regulators are trying to foster that outcome rather than stand in its way.<\/p>\n

Atkins said \u201cthis is a new day at the SEC\u201d and previewed the agency\u2019s next step: an initiative that will allow firms to experiment on\u2011chain with tokenized and securitized instruments over the next few weeks.\u00a0<\/p>\n

Under that effort, companies will be able to test tokenization in a supervised environment while staying within federal securities law. He framed this as part of the coming innovation exemption, intended to open a sandbox for tokenized securities under clear parameters rather than through informal no\u2011action relief.<\/p>\n

Selig: CFTC is turning a new page\u00a0on crypto<\/h2>\n

In his own session, Selig echoed the theme of regulatory reset. He said the CFTC is \u201cturning over a new page\u201d in its approach to digital assets and emphasized the need to harmonize the agency\u2019s work<\/a> with the SEC. For markets that trade products with both commodity\u2011like and security\u2011like features, he said, the two agencies need a coordinated framework instead of overlapping or conflicting rules.<\/p>\n

Selig also grounded his remarks in a broader principle, saying \u201cour country was founded on the idea of private property.\u201d In the context of crypto, that line underscored his view that token holders and innovators should have clear, enforceable rights in law.\u00a0<\/p>\n

He suggested that a coherent crypto market structure for digital assets should respect property rights and give market participants predictable rules, rather than drive activity into less regulated jurisdictions.<\/p>\n

This post SEC, CFTC Chiefs Signal \u2018New Day\u2019 for U.S. Onshore Crypto, Tokenization and Future\u2011Proof Rules<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine SEC, CFTC Chiefs Signal \u2018New Day\u2019 for U.S. Onshore Crypto, Tokenization and Future\u2011Proof Rules SEC Chair Paul Atkins and CFTC Chair Mike Selig used back\u2011to\u2011back fireside chats on the Nakamoto Stage at The Bitcoin 2026 Conference to signal a reset in Washington\u2019s approach to digital assets, tokenization, and market structure.\u00a0 Atkins described it […]<\/p>\n","protected":false},"author":0,"featured_media":157259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-157258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/157258"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=157258"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/157258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/157259"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=157258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=157258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=157258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}