Crypto Regulation: SEC Staff Publish Guidelines on Digital Assets

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Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment opportunity.Many market participants in the digital currency space have previously demanded greater clarity from the SEC with regards the classification of digital currencies as securities. The guidelines published today should go someway to appeasing them.SEC Staff Publish Guidelines on Crypto Assets as “Investment Contracts”The guidelines were published today by Securities and Exchange Commissioners Bill Hinman and Valerie Szczepanik. The document, titled Framework for ‘Investment Contract’ Analysis of Digital Assets, seeks to clarify how to determine whether a given digital currency will be deemed by the Securities and Exchange Commission as an investment contract, and thus…

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