TheCorporateCounsel.net

Corp Fin also issued a bunch of FAQs on Friday addressing issues arising under the Interpretive Release the SEC issued last March on the application of the securities laws to crypto assets and transactions involving those assets. The FAQs are broken down into two sets – the first set addresses classification of crypto assets, while the second addresses issues relating to crypto assets that involve investment contracts.

I could say more about this, but that would require me to pretend I understood anything the Staff said in this thing, and as Inspector Harry Callahan so memorably put it, “A man needs to know his limitations.”

– John Jenkins