Securities and Exchange Commission chair Paul Atkins has confirmed a major shift in crypto regulation, stating that \u201cvery few tokens\u201d should be classified as securities.<\/p>\n
His comments, which are a stark contrast to his predecessor Gary Gensler\u2019s view that the vast majority of crypto assets were securities, came at the SALT Wyoming Blockchain Symposium<\/a> 2025 on Tuesday.<\/p>\n Sporting an orange tie, Atkins said the SEC\u2019s \u201cProject Crypto,\u201d which aims to establish rules on such assets, may affect how the agency addresses companies moving forward.<\/p>\n \u201cWe can not go about looking at oranges [tokens] themselves as necessarily being a security,\u201d he said<\/a> before adding, \u201cfrom the SEC\u2019s perspective, we will plow forward on the idea that the token itself is not necessarily a security.\u201d<\/p>\n \u201cThere are very few, in my mind, tokens that are securities.\u201d<\/p>\n \u201cThe President\u2019s Working Group on Digital Asset Markets released clear recommendations for the SEC \u2014 and we\u2019re setting out to implement them as soon as we can,\u201d said Atkins on X following the conference.<\/p>\n I had a great conversation with @TeresaGoody<\/a> at @SALTConference<\/a>\u2019s Wyoming Blockchain Symposium today about my priorities as @SECgov<\/a> chairman, including Project Crypto and making IPOs great again. It\u2019s a new day at the SEC.<\/p>\n Thread pic.twitter.com\/I7UIrjQFpT<\/a><\/p>\n \u2014 Paul Atkins (@SECPaulSAtkins) August 19, 2025<\/a><\/p>\n\n The agency plans to move forward independently while Congress considers broader market structure legislation.<\/p>\n Atkins also praised the recently passed GENIUS Act stablecoin regulations, stating it was a \u201cseminal step for the US Congress and government.\u201d<\/p>\n However, he also said there was a lot of \u201cspring cleaning to do at the SEC,\u201d following years of regulation by enforcement by the previous administration.<\/p>\n In related news, the former Executive Director of the White House Crypto Council under President Trump, Robert Hines, has been appointed<\/a> by stablecoin issuer Tether as its new advisor.<\/p>\n The crypto market pullback<\/a> has deepened despite the latest positive move from US financial regulators.\u00a0Total market capitalization has tanked a further 2.3% on the day to $3.87 trillion, its lowest level for a fortnight.<\/p>\n Bitcoin led the losses with a 2.7% dump to bottom out at $112,650 during early trading in Asia on Wednesday. The asset recovered to the $113,500 level at the time of writing, but was 8.5% down from its peak last week and was looking at further losses.<\/p>\n Ethereum had wiped out<\/a> last week\u2019s gains in a fall below $4,100 on Wednesday morning as markets continued to melt down.<\/p>\n Altcoin losses were not as severe, but they were mostly in the red at the time of writing.<\/p>\n The post SEC Chair Confirms \u2018Very Few\u2019 Cryptos Are Securities, But Markets Continue to Correct<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Securities and Exchange Commission chair Paul Atkins has confirmed a major shift in crypto regulation, stating that \u201cvery few tokens\u201d should be classified as securities. His comments, which are a stark contrast to his predecessor Gary Gensler\u2019s view that the vast majority of crypto assets were securities, came at the SALT Wyoming Blockchain Symposium 2025 […]<\/p>\n","protected":false},"author":0,"featured_media":89765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89764","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\/89764"}],"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=89764"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89765"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Moving Forward on Crypto Regulations<\/h2>\n
Crypto Market Correction Deepens<\/h2>\n