Nov 13, 2025
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SEC Chair Announces Plans for Crypto Taxonomy to Clarify Asset Classification
The US Securities and Exchange Commission (SEC), under Chair Paul Atkins, is working on providing clarity regarding the classification of crypto assets.
Key Points:
- The SEC plans to establish a "token taxonomy" to differentiate between securities and commodities, focusing on legal rationale.
- Chair Atkins emphasized the importance of adhering to laws with "limiting principles" for a unified approach to crypto asset classification.
- Commissioner Hester Peirce's efforts were acknowledged for promoting transparency in treating crypto assets under federal securities laws.
- Atkins highlighted that not all tokens are inherently securities, though some may be sold as part of an investment contract during securities offerings.
- The SEC intends to support existing legislative initiatives rather than replace them, aiming to avoid innovation stifling through overregulation.
- Commitment to robust fraud enforcement and clearer regulatory guidelines was reiterated to ensure investor safety.
- Forward-looking regulatory practices are prioritized to prevent stagnation due to fear of change.
The SEC's initiative, referred to as Project Crypto, aims to provide transparent guidance and clear boundaries within the evolving crypto landscape.