SEC issues staff guidance on securities laws for token issuers, following CFTC
- —SEC issued staff guidance on token issuers after CLARITY Act cloture vote failed
- —CFTC had released similar crypto market guidance earlier
- —Guidance addresses how securities laws apply to token issuers
Why it matters: The guidance reduces regulatory uncertainty for token issuers while the CLARITY Act remains stalled in the Senate.
Source: Cointelegraph