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The two major U.S. regulatory agencies, the SEC and CFTC, have finally joined forces to set the tone for cryptocurrency regulations, ushering in a new era of oversight for the industry.
This time, more than 15 mainstream crypto assets such as Bitcoin, Ethereum, SOL, and XRP are clearly classified as "digital commodities," not securities, and are no longer subject to strict securities law regulation.
In simple terms, the SEC used to treat cryptocurrencies as securities, frequently imposing fines and lawsuits. Now, this "enforcement-led" era has come to an end.
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