The US SEC Chairman unveiled a regulatory framework for crypto assets, clearly distinguishing between digital commodities and digital securities.

According to Mars Finance, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), released the "Regulation Crypto Assets" framework at the "SEC Speaks" conference, marking a shift from "enforcement-driven regulation" to a clearly defined rule system. The framework categorizes digital assets, classifying Bitcoin, Ethereum, and Solana as "digital commodities," primarily regulated by the CFTC; the SEC focuses on "digital securities," namely tokens with clear returns or asset claims. Furthermore, the framework introduces a "token safe harbor" mechanism, allowing projects to develop and raise funds for up to three years under simplified disclosure requirements. The SEC also signed a memorandum of understanding with the CFTC to reduce overlapping regulations and clarify the division of responsibilities.