🏛️ SEC Clarifies Token Buybacks
The SEC’s updated crypto FAQ says a buyback program for a functional non-security crypto system does not, by itself, create an investment contract. The agency also says network upgrades and existing-use marketing do not automatically make a token a security, though the specific facts still matter.
$BTC $ETH $SOL
#secsaysbuybacksupgradesdontmaketokensecurity
The SEC’s updated crypto FAQ says a buyback program for a functional non-security crypto system does not, by itself, create an investment contract. The agency also says network upgrades and existing-use marketing do not automatically make a token a security, though the specific facts still matter.
$BTC $ETH $SOL
#secsaysbuybacksupgradesdontmaketokensecurity