#参与创作者认证计划月领$10,000 Paul Atkins, Chairman of the US Securities and Exchange Commission (SEC), stated at the Blockchain Association's annual policy summit on Tuesday that many types of Initial Coin Offerings (ICOs) should be considered non-securities transactions and therefore fall outside the jurisdiction of the Wall Street regulator. He explained that this is precisely what the SEC wants to encourage, and by its definition, such things do not fall under the category of securities. Atkins specifically mentioned the token taxonomy he launched last month, which divides the crypto industry into four major categories of tokens. Last month, he pointed out that network tokens, digital collectibles, and digital utilities should not, in themselves, be considered securities. On Tuesday, he further clarified that ICOs involving these three types of tokens should also be regarded as non-securities transactions, thus not subject to SEC regulation.
Atkins also noted that, as far as ICOs are concerned, the SEC believes the only category of tokens it should regulate are tokenized securities, which are tokenized forms of securities already regulated by the SEC and traded on-chain. He further explained that ICOs span four themes, of which three areas fall under the jurisdiction of the US CFTC, and the SEC will leave related matters to the CFTC while focusing on regulating tokenized securities.
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#参与创作者认证计划月领$10,000 Paul Atkins, Chairman of the US Securities and Exchange Commission (SEC), stated at the Blockchain Association's annual policy summit on Tuesday that many types of Initial Coin Offerings (ICOs) should be considered non-securities transactions and therefore fall outside the jurisdiction of the Wall Street regulator. He explained that this is precisely what the SEC wants to encourage, and by its definition, such things do not fall under the category of securities. Atkins specifically mentioned the token taxonomy he launched last month, which divides the crypto industry into four major categories of tokens. Last month, he pointed out that network tokens, digital collectibles, and digital utilities should not, in themselves, be considered securities. On Tuesday, he further clarified that ICOs involving these three types of tokens should also be regarded as non-securities transactions, thus not subject to SEC regulation.
Atkins also noted that, as far as ICOs are concerned, the SEC believes the only category of tokens it should regulate are tokenized securities, which are tokenized forms of securities already regulated by the SEC and traded on-chain. He further explained that ICOs span four themes, of which three areas fall under the jurisdiction of the US CFTC, and the SEC will leave related matters to the CFTC while focusing on regulating tokenized securities.