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#crypto asset classification

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Cardano and Five Other Altcoins Named in Joint ETF Application Filed with the SEC
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Cardano and Five Other Altcoins Named in Joint ETF Application Filed with the SEC

Key Highlights: Six major crypto organizations β€” representing Chainlink, Hedera, Aptos, Avalanche, Stellar, and Cardano β€” have formally urged the SEC to codify its March crypto asset classification framework into binding regulatory rules. The organizations argue that a crypto asset being the subject of an investment contract should not, by itself, transform that asset into ...

CFTC Chairman Classifies 6 Cryptocurrencies as Digital Commodities: Key Details
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CFTC Chairman Classifies 6 Cryptocurrencies as Digital Commodities: Key Details

Key Highlights CFTC Chairman Mike Selig identified Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Stellar (XLM), Tezos (XTZ), and XRP as examples of β€œdigital commodities.” The remarks follow joint asset classification efforts between the CFTC and the U.S. Securities and Exchange Commission (SEC) as the CFTC prepares to draft its first formal crypto market rules. Regulators ...