SEC Clarifies What Crypto Asset Securities Means

The US Securities and Exchange Commission (SEC) has clarified the term “crypto asset securities.” The agency attempts to resolve confusion surrounding its use in ongoing litigation against Binance. The SEC issued an amended complaint highlighting that it does not consider crypto assets themselves to be a security. Rather, the term refers to the contracts, expectations, and... source: https://beincrypto.com/sec-crypto-asset-securities/