SEC Chairman Paul Atkins stated that multiple types of ICOs should not be considered securities transactions and therefore do not fall under the SEC’s regulatory scope. According to the token classification framework he proposed last month, network tokens, digital collectibles, and digital utility tokens and their corresponding ICOs should be regulated by the CFTC, while only tokenized securities-related issuance activities should be overseen by the SEC. This stance suggests that, in the absence of new market structure legislation, the trend of ICO fundraising may reemerge in the US. (Decrypt)