The SEC plans to develop guidelines for classifying crypto assets and a regulatory framework for securities issuance.

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According to the U.S. Securities and Exchange Commission (SEC) website, Jim Moloney, Director of the Financial Services Division, stated that the SEC is developing guidelines for classifying crypto assets under the "Project Crypto" initiative and constructing a framework for determining whether they constitute investment contracts. For crypto assets classified as securities, the division is studying the establishment of corresponding regulatory structures for issuance and sale. The SEC indicated it will shift from a primarily enforcement-based regulatory approach to providing clearer rule guidance.

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