SEC and CFTC jointly classify Bitcoin, Ether, Solana, Stellar, Tezos and XRP as digital commodities
- —The joint SEC-CFTC interpretive release covered 16 major digital assets
- —BTC, ETH, SOL, XLM, XTZ and XRP are classified as digital commodities, not securities
- —Assets are sorted into five buckets: commodities, collectibles, tools, stablecoins and securities
- —The CFTC retains anti-fraud and anti-manipulation authority over spot markets
Why it matters: The classification ends years of ambiguity for XRP and other top tokens, though full market structure rules still require congressional action.
Source: Crypto Briefing
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