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Wall St regulator to consider crypto token classification, chair says
The head of the U.S. Securities and Exchange Commission said on Wednesday the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities. "In the coming months, I anticipate that the Commission will consider establishing a token taxonomy" anchored in legal reasoning that distinguishes securities from commodities, SEC Chair Paul Atkins said, according to prepared remarks. This will recognize that there are "limiting principles to our laws and regulations," he added. The statement in an address to an annual financial technology gathering ... (full story)
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