"US SEC Chair: Establishing Four Categories of Crypto Assets Not Classified as Securities" (Author: Paul S. Atkins, US SEC Chair) The SEC is advancing a "token classification framework + investment contract interpretation" to clarify four categories of assets not considered securities: digital commodities, digital collectibles, digital utilities, and payment stablecoins compliant with the GENIUS Act; while emphasizing that only federal contract safe harbors apply; relevant proposals are expected to enter the comment period in the coming weeks. Read full article:
"US SEC Chair: Establishing Four Categories of Crypto Assets Not Classified as Securities" (Author: Paul S. Atkins, US SEC Chair) The SEC is advancing a "token classification framework + investment contract interpretation" to clarify four categories of assets not considered securities: digital commodities, digital collectibles, digital utilities, and payment stablecoins compliant with the GENIUS Act; while emphasizing that only federal contract safe harbors apply; relevant proposals are expected to enter the comment period in the coming weeks. Read full article: