CFTC and SEC say bitcoin, ether and XRP are not securities by default
- —Joint interpretation splits crypto into five categories, three of them non-securities
- —Digital commodities include BTC, ETH, XRP, SOL, XLM and XTZ
- —CFTC seeks comment on rules for retail leveraged crypto trading
- —Exchanges could face a CAM category and mandatory proof of reserves
Why it matters: Clearer status for major tokens cuts regulatory risk for exchanges and investors, potentially speeding up institutional inflows.
Source: CoinDesk Japan