In Policy Shift, SEC Bows to Crypto Industry Demands for Regulatory Clarity

Bending to sustained pressure from the ascendant digital asset sector, the head of the US Securities and Exchange Commission has pledged to create a clear classification system for cryptocurrencies.

SEC Chair Paul Atkins told a financial technology conference that the agency will consider a “token taxonomy” to determine which assets fall under its securities laws.

This statement marks a departure from the prior administration’s approach and fulfills a key demand from crypto firms confused by the SEC’s jurisdictional boundaries.

The move dovetails with President Trump’s embrace of the industry and a broader push in Congress to establish a “tailored offering regime” for digital assets, signaling a coordinated policy shift in Washington.