shared a link post in group #Crypto
The Securities and Exchange Commission (SEC) released their long-awaited “token taxonomy” this week, finally clarifying what specific kinds of digital assets are still now considered securities. (Digital securities are subject to SEC rules and regulations, while other forms of digital assets are not, making this a hyper-significant distinction!)
Off the list and in the clear are most kinds of stablecoins, digital commodities (like Bitcoin or Solana), and digital collectibles (like NFTs). Meanwhile, traditional securities that are tokenized (including ICOs or governance tokens) are considered digital securities, meaning that all conventional SEC rules still apply. The Commodity Futures Trading Commission (CFTC) also signed off on the announcement. As Bloomberg notes, this helps to at least temporarily settle concerns over which agency, the SEC vs. CFTC, has jurisdiction over different kinds of digital assets. For now, they’re following the same rule book regardless.
There were a few more updates packed into the announcement, including clarifications for how federal securities law will apply to common crypto transactions like staking and airdrops. Additionally, SEC Chairman Paul Atkins suggests that a new “safe harbor program,” allowing startups to launch their own tokens or crypto investment contracts without first needing to go through a registration process, is in the works.
The hope among the administration is that loosening these kinds of regulations will promote more innovation in the crypto industry, and in turn help to reverse the major downturn that crypto markets have been experiencing throughout the first quarter of 2026.
Those same market conditions have reportedly encouraged #Crypto exchange Kraken to back off of its IPO plans. They filed an initial S-1 registration back in November, but have now delayed those plans until the landscape shifts.
https://www.bloomberg.com..
