- New SEC guidance sorts crypto assets into two categories: tokenised securities and non-security crypto assets.
- The latter category includes Bitcoin, Ether, Solana, and XRP.
- But any changes will require Congressional action to endure.
The US Securities and Exchange Commission issued a landmark interpretation of federal securities laws on Tuesday that laid out rules for issuers of virtually all crypto assets.
Broadly speaking, the new guidance sorts crypto assets into two categories: tokenised securities and so-called non-security crypto assets.
“It’s of profound importance, and it’s what we’ve been asking for from the agency for 10 years before appealing to Congress,” Miller Whitehouse-Levine, the founder and CEO of Solana Policy…
