The SEC May Be Redefining What Counts as a Security
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The SEC has sent new guidance to the White House that could reshape how crypto assets are classified under US law. The proposal suggests that categories like digital commodities, NFTs, tools, and stablecoins may not be treated as securities, signaling a potential shift in regulatory approach.
If finalized, this could bring much-needed clarity to the industry and reduce uncertainty for builders and investors. It may also act as a temporary framework while lawmakers work toward a broader crypto market structure bill.