SEC Chairman: Blockchain and AI Integration Will Usher in a New Era of Prosperity, SEC Determined to Seize the Current Opportunity

On September 11th, Paul S. Atkins, who serves as the Chairman of the U.S. Securities and Exchange Commission (SEC), once again emphasized the key points from his speech at the first OECD Global Financial Markets Roundtable. He stated, "The SEC's priorities in the crypto field are distinct. Our obligation is to guarantee the security of crypto assets. The majority of crypto tokens do not fall within the category of securities, and we will precisely demarcate these boundaries. Blockchain is bringing about a transformation in the manner in which transactions and settlements take place. Meanwhile, artificial intelligence is also opening up avenues for decentralized finance. Here, a self-directed AI agent can execute trades, allocate capital, and manage risks at speeds that surpass human capabilities. And this AI agent is embedded with securities law compliance within its code. The potential benefits are substantial: faster markets, lower costs, and broader access to strategies that were previously exclusive to Wall Street giants. By integrating artificial intelligence with blockchain, we have the ability to empower individuals, enhance competition, and unlock new levels of prosperity. The SEC is firmly committed to seizing the current opportunity."