[U.S. SEC Chairman Paul Atkins Announces 'Token Taxonomy' Plan to Redefine Crypto Regulation Based on Testing] Odaily Planet Daily News – U.S. SEC Chairman Paul Atkins delivered a speech at the fintech conference hosted by the Federal Reserve Bank of Philadelphia, outlining the agency's plan to establish a 'token taxonomy' to redefine which cryptocurrencies qualify as securities. He stated that the taxonomy will be anchored in the long-referenced Howey investment contract securities analysis. Atkins noted that cryptocurrencies can be part of an investment contract, but as networks mature, the role of issuers may diminish or disappear, meaning 'tokens will not always retain their status as securities.' The taxonomy is intended to complement the crypto legislation currently under review by Congress. Atkins also revealed that he has instructed staff to prepare recommendations to consider allowing tokens associated with investment contracts to trade on non-SEC-regulated platforms (such as CFTC-registered platforms). (The Block)