
Rule-by-notice replaces enforcement-first policy; clearer path ahead for token distributions.
SEC Chair Paul Atkins stated that the agency can move ahead with blockchain regulations without congressional approval. The approach would allow the SEC to set rules more quickly under its existing authority.
It could also provide clearer guidelines for token issuers, exchanges, and investors. Industry participants are watching for details on how the framework will be implemented. The announcement marks a notable policy step for U.S. crypto oversight.
According to expert DustyBC Crypto, SEC Chair Paul Atkins says the agency can act on blockchain rules now without Congress. He calls it a generational chance to modernize markets. He rolled out “Project Crypto” and wants capital markets to go on-chain fast.
He’s aiming for clear categories for tokens, security or commodity, stablecoin, or something else. No more cryptic guesses. The SEC will draft guidelines and exemptions for token sales, airdrops, and network rewards.
Atkins wants tokenized stocks and funds to return to the U.S. That means issuing on-chain assets with clarity and ease. He’s pushing crypto issuers to avoid offshore setups.
Instead of enforcement by surprise, we get notice-and-comment rulemaking. That shift was announced months ago; now it’s real.
Atkins emphasized investor choice in crypto custody, allowing users to hold assets themselves or through registered intermediaries. He also discussed integrated platforms combining trading, staking, and lending, which could operate under clear guidance for both securities and non-securities.
This is about on-chain systems as real financial infrastructure. Atkins plans to integrate DeFi and decentralized systems into securities markets. That means guidance on code publishers, intermediated vs non-intermediated platforms.

