HUGE BREAKING , 🔥 🔥
$BTC 🇺🇸 The SEC starts bringing crypto clarity after the CLARITY Act failed to pass.

Details include:

• Token buybacks on working protocols aren’t seen as management

• Liquid staking tokens are digital commodities, not securities

• Maintenance, upgrades & grants aren’t considered key management work

• Promoting crypto use without promising profits generally isn’t an investment contract

#SECSaysBuybacksUpgradesDontMakeTokenSecurity
#SECCommissionerPeirceToLeaveOct2