The SEC Just Released Its Long-Awaited Crypto Token Guidance
The U.S. Securities and Exchange Commission (SEC) has published fresh regulatory guidance for token issuers, nearly half a year in the making.
In November, Hinman said the "plain English" guidance would help token issuers easily determine whether or not their cryptocurrency would qualify as a security offering.
The framework itself outlines a number of factors that token issuers must consider before evaluating whether or not their offerings qualify as securities.
Also Wednesday, the SEC issued its first-ever no-action letter authorizing a startup's token sale to go forward full story here.