SEC Chair Proposes Four-Tier Taxonomy for Crypto Oversight

SEC Chair Proposes Four-Tier Taxonomy for Crypto Oversight

12 Nov Crypto News

For all its technological foundations, the crypto sector was also built upon a parallel language embraced by its adherents. Beneath the memes and market noise lies a dense web of cryptographic constructs and economic experiments.

This has led to an industry lexicon that is part engineering argot and part digital mysticism, encompassing terms like staking ecosystems, blockchain layers, zero-sum-proofs, liquidity pools, airdrop poachers, stablecoin sandwiches, ponzinomics, recursive yield, MEV, WAGMI, HODL, and many more terms rendered opaque to the uninitiated.

It has also had the unintended consequence of making digital assets increasingly hard to classify within traditional securities and commodities frameworks, leading to a…

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