BlockBeats News, December 10th, according to Decrypt, SEC Chairman Paul Atkins stated at the Blockchain Association's annual policy summit that various types of ICOs should be considered non-securities transactions and therefore not within the SEC's regulatory purview.Atkins referenced his Token Classification Framework released last month, which categorizes the cryptocurrency industry into four main token categories. Among them, utility tokens, digital collectibles, and digital tools should not be considered securities, and related ICOs should also be viewed as non-securities transactions. Atkins highlighted that the only category of ICOs the SEC should regulate is security token offerings, which are tokenized transactions of SEC-regulated securities on the blockchain.

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