SEC Chair Paul Atkins: On-Chain Capital Markets and Agentic Finance Are Coming
SEC Chair Paul Atkins announced a vision for on-chain capital markets and agentic finance during a speech at an OECD event in Paris. He emphasized the SEC's commitment to modernizing U.S. securities regulations, aiming to provide clear rules for digital assets. Atkins revealed plans under Project Crypto, indicating a shift away from enforcement-based policies to a framework that allows for the legal operation of tokens, custody, and trading platforms. He noted that most tokens should not be considered securities and assured entrepreneurs of a streamlined capital-raising process on-chain. Additionally, he highlighted the potential of AI in finance, suggesting that autonomous systems could revolutionize trading and risk management. Atkins called for a balance between innovation and investor protection, underscoring the need for the U.S. to lead in financial innovation as the crypto sector evolves.
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