SEC Publishes First-Ever Crypto Classification, Finding Most Digital Assets Are Not Securities

Government

The U.S. Securities and Exchange Commission (SEC) has for the first time published a clear classification of crypto assets, finding that the majority of digital assets do not qualify as securities. This marks a significant departure from the position of former SEC Chair Gary Gensler, who had argued that nearly all cryptocurrencies, with the exception of Bitcoin, would fall under securities law ( as reported by Trending Topics ). This matter is significant because the SEC under Gensler waged a

Tag-uri: Bitcoin