On March 17th, the SEC, with endorsement from the CFTC, released a 68-page interpretation clarifying how U.S. federal securities laws apply to crypto assets.
A five-category token taxonomy, explicit guidance on staking, mining, wrapping, and airdrops... as well as a few critical gaps that still need addressing.
Below, you can find the dYdX Foundation's full breakdown: dydx.foundation/blog/sec-crypt...…