BlockBeats News, March 20th, according to Cointelegraph, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated in a prepared remarks at a law practice forum on Thursday that the SEC will take a different approach in the digital asset field than its previous “enforcement-focused regulation.” Following the signing of a memorandum of understanding with the CFTC, the SEC will first focus on clarifying the application of federal securities laws to crypto assets. “While this interpretation brings the clarity that has been needed for a long time, I also want to assure you all that this is just a beginning, not an endpoint.”
Earlier reports indicated that the SEC and CFTC jointly issued new regulatory guidance, clearly stating that most digital assets are not securities, aiming to provide a clearer regulatory framework for the market.
