SEC Crypto Newsroom/
Opening Remarks at the Digital Asset Summit 2026
The SEC has published a token taxonomy and a new interpretation of the Howey test to clarify which digital assets are securities and which are not, identifying four categories of assets that fall outside the agency's jurisdiction.
high impactbullish
Why It Matters
This provides long-overdue regulatory clarity by defining the boundaries of the SEC's jurisdiction, potentially reducing legal uncertainty for crypto entrepreneurs and market participants.