Network Tokens on the Edge: Commodities vs Securities and the SEC’s Next Big Move
Quick Breakdown: The SEC faces a defining choice: treat network tokens as commodities or securities. Bitcoin and Ether lean commodity-like, but many tokens blur the line. Misclassification risks choking U.S. innovation and driving talent offshore. DeFi’s future hangs in the balance. Clarity could either empower growth or institutionalize the sector. ...