Gate News reports that on March 20, SEC Chairman Paul Atkins stated during a pre-prepared speech at the Institute of Legal Practice that the SEC will adopt a different approach from its previous “enforcement-led regulation” in the digital asset space. After signing a memorandum of understanding with the U.S. Commodity Futures Trading Commission (CFTC), the SEC will first focus on clarifying the application of federal securities laws to cryptocurrencies. Atkins emphasized, “While this interpretation brings the long-needed clarity, I also want to assure everyone that this is just the beginning, not the end.”
Previously, the SEC and CFTC jointly issued new regulatory guidelines, clearly stating that most digital assets are not securities, aiming to provide a clearer regulatory framework for the market.
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