The SEC explains how it's viewing a crypto security: State of Crypto

The SEC explains how it's viewing a crypto security: State of Crypto

Joint SEC-CFTC interpretive guidance outlines how the agencies will determine whether a cryptocurrency is a security.

SEC and CFTC Define Crypto Securities: What It Means for the Industry

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission have jointly released landmark interpretive guidance clarifying which digital assets qualify as securities a question that has long created uncertainty across the crypto industry. The SEC outlined several distinct categories of crypto assets, including digital securities, payment stablecoins, digital tools, digital collectibles, and digital commodities. Under th…