SEC Chair Paul Atkins said the agency needs to clarify how its existing regulatory framework applies to software applications as it considers future rules for onchain financial markets. Speaking Friday at an artificial intelligence expo hosted by the Special Competitive Studies Project, Atkins said software applications do not always fit cleanly into traditional SEC categories such as clearing agency, broker, or exchange. “Software applications today do not always organize themselves neatly along these categorical lines,” Atkins said. “A single protocol can execute a trade, manage collateral, route liquidity, execute ... (full story)