đš CFTC & SEC Clarify Crypto Classification
The U.S. CFTC and SEC have officially identified 16 cryptocurrencies as âdigital commoditiesâ rather than securities.
They include $BTC, $ETH, $SOL, $XRP, $ADA, $DOGE, $LINK, $AVAX, $APT, $DOT, $HBAR, $LTC, $BCH, $SHIB, $XLM and $XTZ.
This is a major regulatory development for the crypto market, reducing uncertainty around how these assets are treated under U.S. securities laws.
But one key point: being a digital commodity does not mean every transaction involving the token is automatically outside securities laws.
The U.S. CFTC and SEC have officially identified 16 cryptocurrencies as âdigital commoditiesâ rather than securities.
They include $BTC, $ETH, $SOL, $XRP, $ADA, $DOGE, $LINK, $AVAX, $APT, $DOT, $HBAR, $LTC, $BCH, $SHIB, $XLM and $XTZ.
This is a major regulatory development for the crypto market, reducing uncertainty around how these assets are treated under U.S. securities laws.
But one key point: being a digital commodity does not mean every transaction involving the token is automatically outside securities laws.
