Crypto Regulation
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SEC and CFTC Deliver De Facto Crypto Clarity Act: Token Taxonomy, ICO Safe Harbors, and Wallet Super App Permissions
The SEC and CFTC jointly released a 68-page rulemaking document establishing a formal taxonomy of crypto asset categories, explicitly naming assets like Bitcoin, Ethereum, Solana, and XRP as digital commodities (not securities), while reserving securities classification only for tokenized traditiona…