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THE SEC SAYS CLARITY IS FINALLY HERE.
ATKINS: “We are now giving clarity from the SEC perspective as to what are and are not securities.”
SEC Chair Paul Atkins says the agency is breaking with the past by drawing a clearer line in the digital asset space. The new interpretative release includes collaboration from the CFTC as well.
Atkins says the SEC is outlining four asset types that are NOT securities:
- Digital commodities
- Digital tools
- Digital collectibles
- Stablecoins
For an industry that has been asking for regulatory clarity for years, this is a statement worth paying attention to.
$GT $WCT $MANTRA #FedHoldsRatesSteady #BitcoinSupportAndResistanceAnalysis
Atkins: "We have now provided clarity from the SEC's perspective on what is and what is not a security."
SEC Chair Paul Atkins stated that the agency is breaking from past practices and drawing clearer lines in the digital assets space. This new interpretive release also includes collaboration with the CFTC.
Atkins stated that the SEC has identified four types of assets that are not securities:
- Digital commodities
- Digital instruments
- Digital collectibles
- Stablecoins
For an industry that has long sought regulatory clarity, this is a statement worth attention.
$GT $WCT $MANTRA #FedHoldsRatesSteady #BitcoinSupportAndResistanceAnalysis