​SEC “Regrets Any Confusion” From Dubbing Crypto Tokens As Securities; New Filing Shows – Tyler Durden

SEC “Regrets Any Confusion” From Dubbing Crypto Tokens As Securities; New Filing Shows According to a footnote in a Sept. 12 court filing, the United States Securities and Exchange Commission has retracted its longstanding characterization of cryptocurrencies as “securities” and intends to use more careful language in the future.  Specifically, as CoinTelegraph’s Alex O’Donnell reports, the retraction arose from the SEC’s ongoing lawsuit against crypto exchange Binance for allegedly offering and selling unregistered securities. In a 2023 complaint, the SEC identified 10 crypto assets on the Binance platform as “securities,” including the native tokens of Solana, Cardano (ADA) and Polygon.…  — Continue at ZeroHedge News : Read More