The SEC is set to advance a “Token Classification Framework” aimed at defining the attributes of securities within the cryptocurrency sector. This initiative seeks to clarify how various tokens are categorized, which may impact regulatory compliance for cryptocurrency projects. The framework is expected to provide guidance on distinguishing between different types of tokens, potentially influencing how they are treated under existing securities laws. By establishing clear criteria for token classification, the SEC aims to enhance transparency and investor protection in the rapidly evolving cryptocurrency market.
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