On-chain Capital Markets and Agentic Finance will come

The US SEC Chair Paul Atkins said Crypto’s time came, promised to change the US Securities Rulebook and expand “Crypto” Project to bring markets to the chain.
Speaking in Paris On September 10 at the OECD’s inaugural roundtable in the global financial market, Atkins said the SEC is moving away from implementing implementation and will provide clear policies for tokens, precautions, and trading platforms. “The policy will no longer be set by the actions of implementing the ad hoc,” he said, calling on the new approach “a golden age of financial change in the US land.”
Atkins said most tokens were not security and promised bright line policies for determining when crypto assets were falling under the supervision of the SEC. He said entrepreneurs should raise the on-chain capital without “endless legal uncertainty” and pledged a plot for platforms that include trading, lending, and staking under a license. Careful policies will be updated to allow investors and mediators of many options.
The SEC Chair said Project Crypto will eliminate the way for shoven security, new on-chain asset classes, and decentralized financial software, while ensuring investor protections. He also featured the potential for “super-app” trading platforms and emphasized the importance of maintaining a change in the United States.
Atkins first Unveiled Project Crypto on July 31, 2025, in Washington, which frammed it as the “North Star” of the SEC in support of President Trump’s goal to do the world’s crypto hub. His comments in Paris expanded on that agenda, outlining more details on caution, capital development, and platform policies.
Atkins’ statements came two days after the president of Nasdaq Tal Cohen Posted on LinkedIn That tokenization is a “rare opportunity” for global markets. Cohen said Nasdaq has filed in the SEC to enable the trading of tokenized securities, emphasizing how major institutions move towards the blockchain adoption.
Beyond crypto, Atkins discussed foreign companies’ lists, accounting standards, and European regulations. He raised concerns about “double materiality” in EU reporting laws, urged stable funding for IASB, and said that the SEC could revisit its 2007 decision to allow IFRS without reconciliation with us if funding issues continued.
The SEC Chair also highlights artificial intelligence as a force that can start financial markets again. He described a move towards the “financial agent,” where autonomous AI systems could conduct trading, provide capital, and manage the risk at speed without a person who could match, with compliance with their code directly.
Such systems, he said, can deliver a faster and cheaper market while opening advanced techniques to a wider range of investors. Including blockchain infrastructure, these tools can empower individuals, increase competition, and unlock new growth.
Atkins warned, however, that regulators should provide “Commonsense guardrails” without being overwhelmed. He argues that the on-chain capital market and AI-driven finance are on the horizon, and America should choose leadership to ensure the next generation of modern financial is rooting home.
Atkins ended by saying regulators should strike a balance between the change and investor protection. “Crypto’s time has come,” he said, adding that US markets should rule over the next wave of modern financial instead of watching it overseas.