As sweeping US crypto legislation stalls, the SEC and CFTC are moving to establish rules; the SEC is set to exempt certain token offerings from securities laws
THE SO WHAT
With Congress stalled, the SEC and CFTC are effectively writing crypto policy via exemptions and enforcement—shaping which token models are even viable in the US. If you touch digital assets, you now have to track agency rulemaking like product requirements, not background noise.
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