Techub News reported that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued an interpretive guidance on crypto assets that provides a clear definition of "digital commodities": crypto assets whose value derives essentially from the programmatic operation of cryptographic systems and supply-demand dynamics, rather than profit expectations dependent on core management actions by others. Such assets do not possess passive income or inherent economic attributes such as holders' rights to enterprise profits or assets, and therefore do not fall within the scope of securities. The document lists 16 example assets clearly classified as digital commodities: APT, AVAX, Bitcoin, BCH, ADA, LINK, DOGE, Ethereum, HBAR, LTC, DOT, SHIB, SOL, XLM, XTZ, and XRP.
Techub News reported that the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued an interpretive guidance on crypto assets that provides a clear definition of "digital commodities": crypto assets whose value derives essentially from the programmatic operation of cryptographic systems and supply-demand dynamics, rather than profit expectations dependent on core management actions by others. Such assets do not possess passive income or inherent economic attributes such as holders' rights to enterprise profits or assets, and therefore do not fall within the scope of securities. The document lists 16 example assets clearly classified as digital commodities: APT, AVAX, Bitcoin, BCH, ADA, LINK, DOGE, Ethereum, HBAR, LTC, DOT, SHIB, SOL, XLM, XTZ, and XRP.