SEC Chair Paul Atkins has announced a major policy reversal, declaring an end to ‘regulation by enforcement’ for crypto projects. The regulator will instead launch ‘Project Crypto’ to attract blockchain businesses with tailored exemptions and safe harbors.
- SEC will provide tailored disclosures and safe harbors for crypto offerings including ICOs and airdrops
- Chair Atkins believes majority of crypto tokens are not securities by their inherent nature
- Policy change coordinated with Trump administration's 168-page crypto policy recommendations
📎 Related coverage from: decrypt.co
