"The U.S. SEC and CFTC join forces: 68-page new guidelines redefine crypto regulatory boundaries The U.S. SEC and CFTC have jointly released a 68-page new guideline, clarifying that most cryptocurrencies are not considered securities. The guidelines detail classifications for stablecoins, digital commodities, and "digital tools," all of which are identified as non-securities. It also explains how "non-security crypto assets" can transition into securities and how federal securities laws apply to mining, protocol staking, and airdrops. Digital commodities are defined as assets that "derive value from the programmatic operation of functional crypto systems and the inherent supply-demand dynamics." Digital collectibles are also not considered securities. SEC Chair Atkins drew a clear line from his predecessor with one statement: "We are no longer the 'Securities and Everything Else Commission.'" The regulatory pressure on the crypto industry during Gensler's era is being systematically dismantled. #Crypto #Regulation #SEC #CFTC #Stablecoins #DigitalAssets #Blockchain #CryptoNews