The U.S. Securities and Exchange Commission Chairman announces that "the era of cryptocurrency has arrived" and the U.S. market enters a new era

SEC Chairman Paul Atkins announced a major regulatory shift, claiming that “the era of cryptocurrencies has arrived” and pledged to modernize securities rules. The SEC will move from strong past law enforcement to clear guidelines for tokens, custody and platforms, and most tokens will no longer be considered as securities. Project Crypto will be expanded to support tokenized securities and DeFi, aiming to establish the U.S. leadership in blockchain innovation.