US SEC clarify the development direction of encryption and AI, accelerating innovation in the US financial market

According to Golden Finance, the chairman of the Securities and Exchange Commission (SEC) Paul S. Atkins, said at the OECD Global Financial Markets Roundtable that the SEC will use ProjectCrypto modern securities regulatory rules to clarify the securities status of crypto assets, and provide a clear regulatory framework for enterprises to raise, trade, pledge and lend on-chain. He stressed that most crypto tokens do not belong to securities and regulation will protect investors with the principle of minimal intervention, while encouraging innovation and competition. Atkins also pointed out that artificial intelligence (AI) will be combined with blockchain to promote "smart agency finance", realize automated transactions, capital allocation and risk management, improve market efficiency and reduce costs. He called for international cooperation, learn from the experience of the EU MiCA, and jointly promote digital asset supervision and financial innovation. The SEC aims to establish a globally leading crypto and AI finance ecosystem in the United States to create more opportunities for investors and businesses.