Sec Chairman Paul Atkins Signals A New Era For Digital Assets At OECD

SEC Chairman Paul Atkins launched Project Crypto at OECD, promising regulatory clarity, reduced legal risks, and stronger legitimacy for digital assets in mainstream finance.

Bitcoin and Ethereum gain confirmation as non-securities, boosting their role as reserve assets and reinforcing institutional adoption through expanding Digital Asset Treasuries worldwide.

The speech emphasized super-apps, on-chain finance, and international capital flows, highlighting how disciplined, transparent, and innovative players will thrive in the next market phase.

SEC Chairman Paul Atkins’ OECD speech unveiled Project Crypto, signaling clear rules, token legitimacy, and on-chain finance innovation—ushering digital assets into a new phase of maturity.

INTRODUCTION

The global debate on digital assets shifted meaningfully at the inaugural OECD Roundtable on Global Financial Markets in Paris, where U.S.

Securities and Exchange Commission (SEC) Chairman Paul Atkins delivered a keynote speech. His comments carried weight not only for regulators but also for investors, companies, and institutions seeking to navigate an evolving landscape.

Atkins declared that “crypto’s time has come,” unveiling a regulatory agenda aimed at clarifying token classification, encouraging innovation, and integrating blockchain into mainstream financial systems. Against years of regulatory uncertainty, his speech marked an inflection point for the future of the crypto sector.

PROJECT CRYPTO: DEFINING THE ROAD AHEAD

Central to Atkins’ address was the launch of Project Crypto, an initiative designed to modernize securities regulation for the digital era.

For years, one of the most pressing questions in the United States has been whether certain tokens qualify as securities. This ambiguity discouraged institutional adoption and led to clashes between innovators and regulators.

Project Crypto seeks to resolve these issues by:

Establishing clearer rules for token classification.

Defining predictable pathways for raising capital on-chain.

Creating a regulatory umbrella to encompass trading, lending, and staking within unified structures.

For institutions, this clarity could prove transformative. Regulatory certainty is often the final barrier before allocating larger pools of capital to digital assets.

SHIFTING FROM UNCERTAINTY TO LEGITIMACY

Atkins’ statement that “most crypto tokens are not securities” marked a significant departure from prior ambiguity. For Bitcoin and Ethereum especially, this recognition further cements their legitimacy in regulated financial markets.

Such clarity carries two important implications. First, it enhances the long-term value of leading assets by removing doubts over their legal status. Second, it signals a pivot in the SEC’s approach, from enforcement-driven uncertainty toward structured integration. This shift could accelerate the rise of Digital Asset Treasuries (DATs), as corporations become more willing to hold crypto in their balance sheets.

THE RISE OF SUPER-APPS AND ON-CHAIN FINANCE

Atkins also endorsed the concept of financial “super-apps”—platforms that integrate trading, borrowing, and staking under a single compliant structure. This reflects broader trends in centralized and decentralized finance, where users increasingly demand convenience without compromising security or legality.

For exchanges and protocols, the competitive landscape will change. Winning platforms will be defined by execution, timing, and regulatory discipline. The days of imitating existing models, as seen in the early DAT adoption phase, are giving way to a more competitive “player versus player” environment.

GLOBAL CAPITAL MARKETS AND FOREIGN ISSUERS

The SEC Chairman also underscored the role of international participation in U.S. capital markets. By encouraging foreign companies to raise funds in the U.S. while enforcing transparency and governance standards, the SEC signaled openness to global capital inflows.

For digital asset firms abroad, this represents both opportunity and challenge. Those meeting disclosure and accounting requirements will gain access to U.S. markets, while others lacking transparency may be excluded. This dynamic favors stronger, well-governed players while pushing weaker ones to the margins.

TECHNOLOGY, AI, AND THE FUTURE OF MARKETS

Looking ahead, Atkins acknowledged the transformative role of technology in reshaping finance. He pointed to on-chain capital raising and agentic finance—where automated systems allocate capital and manage risk—as emerging forces.

While futuristic in tone, these ideas underscore the SEC’s recognition that innovation must be integrated, not ignored. By setting commonsense guardrails rather than rigid prohibitions, the agency aims to balance experimentation with stability. For crypto, this could legitimize models like tokenized securities, decentralized governance, and AI-assisted trading.

IMPLICATIONS FOR THE CRYPTO MARKET

Atkins’ remarks carry several key implications:

Reduced regulatory risk: Clearer rules lower uncertainty, encouraging institutional participation.

Legitimacy premium for BTC and ETH: Recognition as non-securities boosts their appeal as reserve assets.

Competitive pressure: In the PvP stage, only disciplined, compliant players will thrive.

Market consolidation: Transparent, well-governed firms will capture investor trust and capital.

Innovation within guardrails: On-chain finance and super-apps will expand, but under frameworks that prevent systemic risk.

CONCLUSION

Paul Atkins’ OECD speech represents a turning point for digital assets. By launching Project Crypto, clarifying token classifications, and endorsing innovation under structured oversight, the SEC has signaled a move from uncertainty to integration.

For crypto markets, the implications are far-reaching. Bitcoin and Ethereum gain renewed legitimacy, Digital Asset Treasuries will likely grow, and platforms capable of delivering both compliance and utility are positioned to lead.

Rather than the end of a cycle, Atkins’ comments suggest the beginning of a more mature phase—one where clarity, discipline, and innovation coexist. The balance between opportunity and oversight will shape the next chapter of the digital asset industry.

〈Sec Chairman Paul Atkins Signals A New Era For Digital Assets At OECD〉這篇文章最早發佈於《CoinRank》。