SEC CHAIR CALLS FOR CLEAR RULES TO UNLOCK ONCHAIN CAPITAL RAISING

Summary from the TLDR Crypto newsletter

SEC Chair Paul Atkins said entrepreneurs and investors should be able to raise capital onchain “without endless legal uncertainty,” reaffirming that most crypto tokens are not securities. He outlined “Project Crypto,” aimed at modernizing securities rules to enable onchain trading, lending, and staking under a unified framework. Atkins criticized the prior administration for driving innovation offshore and said the new SEC approach is to provide the “minimum effective dose” of regulation to protect investors while fostering growth.