SEC and CFTC Issue Landmark Crypto Asset Classification Framework

For the first time in the history of digital finance, the U.S. Securities and Exchange Commission has released comprehensive guidance on how it will classify and regulate different types of cryptocurrency assets. Issued jointly with the Commodity Futures Trading Commission, this landmark interpretive framework marks a turning point for the crypto industry following years of regulatory ambiguity. SEC Chairman Paul Atkins, appointed by President Donald Trump to champion a pro-crypto agenda, unveiled the new token taxonomy at the Digital Chambers DC Blockchain Summit. The guidance establishes…  Read more

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