On March 18, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly released a new 68-page regulatory guidance on Tuesday, clearly stating that most digital assets are not securities, aiming to provide a clearer regulatory framework for the market.

SEC Chair Paul Atkins stated at the Washington DC Blockchain Summit: "We are no longer the 'securities and everything commission.'" He noted that this interpretive guidance will help market participants better understand how federal securities laws apply to crypto assets.

The new guidance proposes a classification system for crypto assets, including stablecoins, digital commodities, and "digital tools" categories, and indicates that these assets are typically not considered securities. Meanwhile, the document also clarifies under what circumstances non-securities crypto assets may be deemed securities and explains how mining, protocol staking, and airdrops are treated under securities law. #比特币站上7.5万美元