SEC Chair Paul Atkins has unveiled a new regulatory framework that exempts digital assets like Ethereum (ETH), Solana (SOL), and XRP from being classified as securities. The framework applies the Howey Test to assess whether tokens qualify as securities, emphasizing the decentralized nature and lack of profit expectations from issuers for network tokens such as ETH and SOL. This initiative includes a six-month grace period for issuers to align with the new guidelines, aiming to balance innovation with investor protection.
SEC Chair Proposes Framework Exempting ETH and SOL from Securities Status
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