Bitwise, Hyperliquid ask SEC to clarify token trading and airdrop rules
- —Firms seek clearer SEC guidance on crypto asset classification
- —Secondary-market token trading rules are also in scope
- —Bitwise and Hyperliquid want clarity on airdrop treatment
- —Filing lands as the SEC's comment period closes
Why it matters: Clear rules on token classification and airdrops will determine which assets can legally trade in the US.
Source: Cointelegraph
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