SEC adds 3 crypto FAQ entries covering governance and token classification
AI summary
The SEC's Division of Corporation Finance added three new entries to its crypto asset FAQ, addressing how shared governance, control over network access, and decentralization factor into token classification. The additions, labeled questions 1.4 onward, clarify the agency's framework for determining whether a token is a security. Traders will watch for how these interpretations shape enforcement and token listings, though the guidance is explanatory rather than a binding ruling.
