SEC Chairman Paul Atkins stated that the ten-year debate of "Is my coin considered a security?" has finally come to an end.
PANews summarizes it perfectly; the SEC has officially defined four categories of crypto assets that do not fall under securities.
1️⃣ Digital commodities: $BTC , ETH, SOL, XRP, DOGE → governed by CFTC, as smooth as gold
2️⃣ Digital collectibles: NFT + meme coins (meme players will become collectors from now on, haha)
3️⃣ Digital tools: ENS domains, utility tokens
4️⃣ Payment stablecoins: compliant USDCs are free to play
Only tokenized stocks and bonds are still obediently under securities law
The Chairman concluded with a golden quote: "We, the SEC, are no longer the Committee on Securities and Everything!" The audience burst into laughter.
This is the true coming of age for crypto; Americans can stake, mine, and claim airdrops without hiding their IPs anymore, institutions are bold enough to invest real money, and altcoins + meme coins are set to take off together.
Regulation has finally shifted from punishing whoever to providing a roadmap, how refreshing!
Esteemed meme collectors, are you ready? Which one will you dive into first?
#SEC positive news
