The post SEC Chair Denies Non-Securities Definition for ICOs appeared on BitcoinEthereumNews.com. Key Points: SEC Chair denies non-securities for ICOs, clarification awaited. SEC’s focus remains on tokenized security regulation. Uncertain impact on ICO regulation and market dynamics. SEC Chairman Paul Atkins announced at the Blockchain Association’s policy summit that certain ICOs might not fall under the SEC’s regulatory scope, emphasizing alternative regulatory domains. This statement could shift the regulatory landscape for ICOs, impacting investor strategies and compliance practices within the cryptocurrency market. SEC Maintains Focus on Tokenized Securities Regulation Paul Atkins refuted claims of a new token classification framework during the Blockchain Association’s annual summit. The SEC remains committed to regulating tokenized securities, explicitly excluding other ICO classifications from its scope. Such a move was necessary after reports inaccurately suggested a policy shift towards non-securities categorization. By refocusing on tokenized securities, Atkins aims to prevent misunderstandings about the SEC’s jurisdiction and the types of ICOs under its purview. In his own words: “A key priority of my Chairmanship is clear rules of the road for the issuance, custody, and trading of crypto assets while continuing to discourage bad actors from violating the law.” This announcement potentially impacts regulatory clarity and investor confidence, without substantial changes to existing rules. Industry reactions have been mixed, with some stakeholders urging for detailed regulatory frameworks across all token classes. The clarity brought to tokenized securities regulation, however, is supported by key figures advocating for reduced market confusion. ICOs and ETH Price Movements: An Analytical View Did you know? ICOs and tokenized securities have been central to SEC regulatory discussions since 2017, shaping enduring debates over crypto-asset classification. According to CoinMarketCap data, Ethereum (ETH) has seen a 5.95% price increase over the last 24 hours, trading at $3,321.40. ETH’s market cap stands at $400.88 billion, dominating 12.69% of the market. Volumes surged 28.99% recently, despite a 23.59%… The post SEC Chair Denies Non-Securities Definition for ICOs appeared on BitcoinEthereumNews.com. Key Points: SEC Chair denies non-securities for ICOs, clarification awaited. SEC’s focus remains on tokenized security regulation. Uncertain impact on ICO regulation and market dynamics. SEC Chairman Paul Atkins announced at the Blockchain Association’s policy summit that certain ICOs might not fall under the SEC’s regulatory scope, emphasizing alternative regulatory domains. This statement could shift the regulatory landscape for ICOs, impacting investor strategies and compliance practices within the cryptocurrency market. SEC Maintains Focus on Tokenized Securities Regulation Paul Atkins refuted claims of a new token classification framework during the Blockchain Association’s annual summit. The SEC remains committed to regulating tokenized securities, explicitly excluding other ICO classifications from its scope. Such a move was necessary after reports inaccurately suggested a policy shift towards non-securities categorization. By refocusing on tokenized securities, Atkins aims to prevent misunderstandings about the SEC’s jurisdiction and the types of ICOs under its purview. In his own words: “A key priority of my Chairmanship is clear rules of the road for the issuance, custody, and trading of crypto assets while continuing to discourage bad actors from violating the law.” This announcement potentially impacts regulatory clarity and investor confidence, without substantial changes to existing rules. Industry reactions have been mixed, with some stakeholders urging for detailed regulatory frameworks across all token classes. The clarity brought to tokenized securities regulation, however, is supported by key figures advocating for reduced market confusion. ICOs and ETH Price Movements: An Analytical View Did you know? ICOs and tokenized securities have been central to SEC regulatory discussions since 2017, shaping enduring debates over crypto-asset classification. According to CoinMarketCap data, Ethereum (ETH) has seen a 5.95% price increase over the last 24 hours, trading at $3,321.40. ETH’s market cap stands at $400.88 billion, dominating 12.69% of the market. Volumes surged 28.99% recently, despite a 23.59%…

                                                                               Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products.                     Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.”It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which. Read more