The SEC’s new crypto rules are being framed as a long-awaited source of clarity. But industry participants say the picture is more complicated.

Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!)

For exchanges and brokers, the immediate effect is more about a shift toward a structured, and in some ways more demanding, operating environment.

From Listing Clarity to Ongoing Oversight

Industry participants broadly agree that clearer definitions are a step forward. The distinction between digital commodities, securities, and other token categories provides a more consistent framework for evaluating assets at the listing stage — something that has historically been a major source of uncertainty.