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The Securities and Exchange Commission (SEC) Statement on the Classification and Treatment of Digital Assets

The Securities and Exchange Commission (SEC) issued an official statement on 14 September 2020 on the classification and treatment of Digital Assets (crypto assets such as crypto currencies and tokens). It communicated its position in a published statement (“the Statement”) stating that crypto assets are securities which fall under the regulation of the Commission.

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The Securities and Exchange Commission (SEC) Statement on the Classification and Treatment of Digital Assets.pdf