The post SEC Chair Atkins Doubles Down on Project Crypto: ‘We Want to Embrace Innovation’ appeared on BitcoinEthereumNews.com. In brief SEC Chair Paul Atkins announced a major shift in crypto strategy, stating the regulator will no longer pursue “regulation by enforcement” against crypto projects, and wants to “embrace innovation.” Atkins launched “Project Crypto,” an initiative to attract crypto businesses to the U.S. by offering tailored disclosures, exemptions, and safe harbors for various crypto offerings like ICOs and airdrops. The SEC chair believes most crypto tokens are not securities by nature, marking a significant departure from previous regulatory positions and aligning with the Trump administration’s crypto policy recommendations. SEC Chair Paul Atkins reiterated Tuesday that the financial regulator is making a clean break with its crypto enforcement approach of the past, and pledged that most digital asset projects will soon have little to fear when it comes to securities regulation. “It is a new day,” Atkins said during an appearance at the Wyoming Blockchain Symposium, held at the Four Seasons in Jackson Hole. “I feel your pain.” The SEC chair specifically emphasized that, under his tenure, the regulator would never again pursue regulation by enforcement against crypto projects.  “Now it’s different,” he said. “Now we want to embrace innovation.”  Last month, Atkins unveiled “Project Crypto,” a sweeping initiative intended to attract crypto businesses to the United States, largely by loosening existing securities regulations that could risk impacting industry projects.  As a part of the initiative, Atikins pledged that the SEC will in short order begin offering purpose-fit disclosures, exemptions, and safe harbors for a wide range of crypto offerings including ICOs, airdrops, and network rewards. Atkins added Tuesday that, in what he said marked a sharp divergence from the views of past SEC chairs, he believes that the vast majority of crypto tokens are not, by their nature, securities. “There are very few tokens in my mind that… The post SEC Chair Atkins Doubles Down on Project Crypto: ‘We Want to Embrace Innovation’ appeared on BitcoinEthereumNews.com. In brief SEC Chair Paul Atkins announced a major shift in crypto strategy, stating the regulator will no longer pursue “regulation by enforcement” against crypto projects, and wants to “embrace innovation.” Atkins launched “Project Crypto,” an initiative to attract crypto businesses to the U.S. by offering tailored disclosures, exemptions, and safe harbors for various crypto offerings like ICOs and airdrops. The SEC chair believes most crypto tokens are not securities by nature, marking a significant departure from previous regulatory positions and aligning with the Trump administration’s crypto policy recommendations. SEC Chair Paul Atkins reiterated Tuesday that the financial regulator is making a clean break with its crypto enforcement approach of the past, and pledged that most digital asset projects will soon have little to fear when it comes to securities regulation. “It is a new day,” Atkins said during an appearance at the Wyoming Blockchain Symposium, held at the Four Seasons in Jackson Hole. “I feel your pain.” The SEC chair specifically emphasized that, under his tenure, the regulator would never again pursue regulation by enforcement against crypto projects.  “Now it’s different,” he said. “Now we want to embrace innovation.”  Last month, Atkins unveiled “Project Crypto,” a sweeping initiative intended to attract crypto businesses to the United States, largely by loosening existing securities regulations that could risk impacting industry projects.  As a part of the initiative, Atikins pledged that the SEC will in short order begin offering purpose-fit disclosures, exemptions, and safe harbors for a wide range of crypto offerings including ICOs, airdrops, and network rewards. Atkins added Tuesday that, in what he said marked a sharp divergence from the views of past SEC chairs, he believes that the vast majority of crypto tokens are not, by their nature, securities. “There are very few tokens in my mind that…