According to ChainCatcher, citing Cointelegraph, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated in a prepared speech at the Institute for Legal Practice on Thursday that the SEC will adopt a different regulatory approach in the digital asset space than in the past. Following the signing of a memorandum of understanding with the CFTC, the SEC will first focus on clarifying how federal securities laws apply to crypto assets.
"While this explanation brings much-needed clarity, I also want to assure you that this is just the beginning, not the end." Previously, it was reported that the SEC and CFTC jointly issued new regulatory guidance clarifying that most digital assets do not fall under the category of securities, aiming to provide a clearer regulatory framework for the market.
