According to Eleanor Terrett, Paul S. Atkins announced at the Philadelphia Fed Fintech Conference the next step in Project Crypto, establishing a token taxonomy framework to categorize digital assets under U.S. securities laws, source: Eleanor Terrett on X, Nov 12, 2025. This classification-focused move directly targets how digital assets are formally treated under securities regulation, a core input for trading compliance and market structure decisions, source: Eleanor Terrett on X, Nov 12, 2025.

According to @WatcherGuru, U.S. SEC Chair Paul Atkins unveiled a 'token taxonomy' plan to modernize crypto regulation. Source: https://twitter.com/WatcherGuru/status/1988636346223595701 For trading risk management, wait for an official SEC release or rulemaking docket before repositioning, as U.S. regulatory changes require a formal notice-and-comment process under the Administrative Procedure Act. Source: https://www.sec.gov/news/pressreleases; 5 U.S.C. § 553

According to Eleanor Terrett on CryptoAmerica, Miles has emphasized the importance of distinguishing between company-backed tokens and network tokens. In their recent discussion, Miles classified XRP as a network token, a categorization that can influence trading strategies and market perceptions. For further insights, Eleanor recommends reading a16z's comprehensive token taxonomy.