SEC Chairperson: It has been previously made clear that most cryptoassets, such as digital goods, digital tools, and digital collections, are not securities

Paul Atkins, chairperson of the Securities Exchange Commission, said in a post on the X platform that at the Blockchain Association Policy Summit yesterday, the SEC will be committed to advancing clear rules aimed at providing a solid regulatory foundation for digital assets. It has been made clear that most crypto assets such as digital goods, digital tools and digital collections are not securities, but when projects offer and sell tokens to raise funds and commit to carry out necessary management work, they may be subject to securities laws. The tokens sold can be resold under certain circumstances and will not involve securities laws. Paul Atkins added that he believes the US Commodity Futures Trading Commission (CFTC) will become a reliable regulator of the crypto asset market.