🚨 $UNI $LDO $ASTER JUST GOT A BIG REGULATORY SIGNAL 👀
The SEC just released new crypto guidance that could matter for DeFi.
Token buybacks = security?
Not necessarily.
SEC staff says that, for a functional crypto system, announcing a buyback of a non-security token does not by itself create a promise of managerial efforts.
And there's more:
Certain liquid-staking receipt tokens can qualify as digital tools or digital commodities under the conditions outlined by the SEC.
Think about the implications:
BUYBACKS.
BURNS.
LIQUID STAKING.
But don't get carried away.
This is SEC staff guidance, not a binding rule, and it doesn't automatically clear $UNI, $LDO or $ASTER .
Still...
Could this give DeFi protocols more room to build? 🔥
$UNI $LDO $ASTER
The SEC just released new crypto guidance that could matter for DeFi.
Token buybacks = security?
Not necessarily.
SEC staff says that, for a functional crypto system, announcing a buyback of a non-security token does not by itself create a promise of managerial efforts.
And there's more:
Certain liquid-staking receipt tokens can qualify as digital tools or digital commodities under the conditions outlined by the SEC.
Think about the implications:
BUYBACKS.
BURNS.
LIQUID STAKING.
But don't get carried away.
This is SEC staff guidance, not a binding rule, and it doesn't automatically clear $UNI, $LDO or $ASTER .
Still...
Could this give DeFi protocols more room to build? 🔥
$UNI $LDO $ASTER
