SEC Chair: Key Measures Including Investment Contract Determination and Innovative Exemptions for Tokenized Securities Trading to Be Launched in Coming Months

Odaily News: The official website of the U.S. Securities and Exchange Commission (SEC) has published a discussion by Chairman Paul Atkins from the ETHDenver conference, revealing that the following matters will be considered in the coming weeks and months:

1. Develop a framework to explain how the SEC views crypto assets subject to investment contracts, including how such contracts are formed and terminated.

2. Establish an innovative exemption to facilitate limited trading of certain tokenized securities on new types of platforms, with the goal of building a long-term regulatory framework.

3. Propose a rulemaking initiative aimed at establishing a reasonable pathway for raising funds through the sale of crypto assets.

4. Issue no-action letters and exemption orders to provide greater clarity, including addressing matters such as wallets that do not require registration under the Securities Exchange Act.

5. Rulemaking concerning broker-dealer custody of non-security crypto assets, including payment stablecoins.

6. Develop rules for the modernization of transfer agents to accommodate the role blockchain can play in record-keeping.

7. Provide additional guidance and no-action letters to help the crypto community understand how existing rules apply to unique practical situations.