SEC Shifts Crypto Strategy: Ends Regulation by Enforcement

SEC Shifts Crypto Strategy: Ends Regulation by Enforcement
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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
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