The SEC has just officially declared that the MAJORITY of crypto assets are NOT securities For the first time in history, they created a formal taxonomy of tokens along with the CFTC: → Digital Commodities (BTC, ETH) → Digital Collectibles (NFTs, memecoins) → Digital Tools (memberships, tickets) → Stablecoins (USDC, USDT) → Digital Securities (tokenized securities) Only the last category falls under SEC regulation They also made it clear: Airdrops → are not securities Mining → is not securities Staking → is not securities Wrapping → is not securities "We are not the Commission of Securities and Everything" — Paul Atkins, Chairman SEC After more than a DECADE of uncertainty, there are finally clear rules And this is just the beginning — in 1-2 weeks a formal rulemaking of +400 pages with an "innovation exemption" for crypto companies is coming The Gensler era is officially behind us