The SEC chairman reiterates a friendly stance: only a very small number of tokens fall under the category of securities.

On August 20, the chairman of the SEC, Paul Atkins, recently reiterated his friendly stance on Crypto Assets, emphasizing that "a very small number" of Tokens fall under the category of securities. This statement marks a significant shift from the regulatory attitude of the previous administration.

During a blockchain seminar in Wyoming on Tuesday, Paul Atkins clearly stated: "The SEC will actively promote new ideas - tokens themselves do not necessarily, and may very well not, belong to securities. In my view, there are very few tokens that truly meet the definition of a security; it largely depends on their accompanying plans and sales methods."

This statement is the latest policy signal following the SEC's launch of "Project Crypto" last month. The initiative has been described by the chairman as an important part of the modernization reform of securities laws, aimed at promoting the on-chain transformation of the U.S. financial market.

Paul Atkins emphasized, "Especially for the crypto industry, a new era has arrived. We support innovation, and now is the time to embrace it. We must build a crypto market framework that can withstand regulatory arbitrage and ensure it is future-oriented. I look forward to working with government departments and congressional colleagues to advance this mission."