SEC Chairman Announces Promoting Reform of Crypto Asset Supervision and Identification of Most Crypto Tokens Not Securities

PANews September 11th news, the US SEC Chairman said at the OECD Global Financial Markets Roundtable that the United States will promote the modernization of securities rules through "Project Crypto", clarify that most crypto tokens do not belong to securities, and support innovative platforms to provide transactions, lending and pledge services under a single regulatory framework. The SEC will cooperate with international regulators to promote innovation and regulatory coordination in capital markets.