2026-11-02 22:19:36
SEC Updates Token Classification FAQ on November 2, Clarifies Decentralization and Functional Utility Definitions
According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) released updated guidance on November 2 to clarify its token classification framework, per a16z general counsel Miles Jennings.
The SEC's Division of Corporation Finance addressed three key questions. Question 1.4