SEC's New Crypto Guidance: A Mixed Bag
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SECs New Guidance on Digital Assets: A Mixed Bag for Crypto
The SEC has released new guidance on digital assets and the Howey test for investment contracts. While most crypto tokens arent securities on their own, issues arise when theyre sold as part of a deal promising ongoing profits. The guidance adds some clarity, but risks chaos due to lack of sharp boundaries. Industry folks and lawyers urge the SEC to say public hype alone doesnt count and bless Judge Torress Ripple ruling for real stability.
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