IoTeX Engages in Policy Discussions at Washington Summit

According to BlockBeats, the IoTeX team attended the Washington Policy Summit as the chair of the Blockchain Association DePIN working group. The team engaged in in-depth discussions with several key policymakers, including U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, Senator Bill Harley, and Representative Haley Stevens. The summit focused on critical topics such as crypto market structure, stablecoins, and real-world assets (RWA). IoTeX co-founder Jing highlighted in discussions with SEC Chairman Atkins that machine networks and artificial intelligence are paving the way for a new economy. The on-chain tokenization of DePIN and RWA can help the U.S. open capital access, alleviate energy shortages during the AI revolution, and enable ordinary people to participate in the new economy, thereby promoting the widespread adoption of stablecoins. Regarding crypto asset regulation, SEC Chairman Atkins expressed a positive outlook, stating that most tokens, including DePIN networks and digital tools, would not be classified as securities, and ICO fundraising might resume in the U.S. Atkins further revealed that the SEC plans to advance token classification and innovation exemption mechanisms next year to provide a clearer regulatory path. As the global regulatory framework accelerates, IoTeX is deeply involved in high-level government dialogues, aiming to promote compliance processes based on technological innovation and support the U.S. in maintaining a leading position in digital currency developments within decentralized infrastructure and AI sectors.