US SEC Chairman: Key measures to be introduced in the coming months include investment contract recognition and exemptions for innovative tokenized securities trading.

The U.S. Securities and Exchange Commission (SEC) website published the discussion transcripts of Chairman Paul Atkins at the ETHDenver conference, revealing that the following issues will be considered in the coming weeks and months: 1. Developing a framework to explain how to view crypto assets bound by investment contracts, including how such contracts are entered into and terminated; 2. Establishing innovation exemptions to facilitate limited trading of certain tokenized securities on new platforms, with an eye toward establishing a long-term regulatory framework; 3. Introducing a rulemaking proposal aimed at establishing a reasonable pathway to raising funds through the sale of crypto assets; 4. Letters of no action and exemptions to provide more clarity, including addressing wallets that do not require registration under the Securities Exchange Act; 5. Rulemaking regarding broker-dealers holding non-securities crypto assets (including payments in stablecoins); 6. Developing rules on modernizing transfer agents to accommodate the role blockchain can play in record keeping; 7. Providing additional guidance and letters of no action to help the crypto community understand how existing rules apply to unique realities.