According to Jake Chervinsky, the SEC has introduced two key regulatory priorities: a safe harbor for the issuance of tokens intended to become decentralized and thus classified as non-securities, and a sandbox environment for issuing and trading onchain securities using decentralized infrastructure (source: Jake Chervinsky Twitter, May 8, 2025). These regulatory developments are expected to unlock significant growth potential for the crypto market by reducing legal uncertainty for token projects and fostering innovation in compliant onchain securities trading. Traders should monitor how these frameworks impact token launches and liquidity as the market adapts to a more supportive regulatory environment.