Most Tokens Not Considered Securities, US SEC and CFTC Publish Cryptocurrency Classification Guidelines

SEC & CFTC Announce Cryptocurrency Classification Standards

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a 68-page joint interpretative guideline on the 18th, addressing the application of federal securities laws to cryptocurrencies. SEC Chairman Paul Atkins, speaking at the DC Blockchain Summit, stated that the purpose of this guideline is to eliminate over a decade of uncertainty and enable market participants to clearly understand the legal status of cryptocurrencies...