SEC Claims ‘Crypto Asset Security’ Term Was Only Shorthand

The U.S. Securities and Exchange Commission (SEC) has stated that it used the term ‘crypto asset security’ as a linguistic shortcut and not as a specific identification of any particular token as a security. The clarification came as a footnote within the agency’s proposed amended complaint against Binance about the latter’s sale of these assets […] source: https://www.thecoinrepublic.com/2024/09/14/sec-claims-crypto-asset-security-term-was-only-shorthand/