The US SEC + CFTC jointly released a #cryptocurrency asset classification interpretation, categorizing crypto assets into 5 types, most of which are not considered securities (the first 4 types are primarily regulated by the CFTC)👀: 1️⃣ Digital Commodities → BTC, ETH, SOL, ADA, AVAX, LINK, DOGE, SHIB and other functional public chain coins (not securities, value derived from network operation & supply and demand) 2️⃣ Digital Collectibles → NFTs, meme coins (like PEPE and other purely community-driven tokens), art/game items (not securities) 3️⃣ Digital Tools → ENS domain names, membership cards, tickets, identity credentials, and other practical functional assets (not securities) 4️⃣ Stablecoins → Compliant payment stablecoins that meet the GENIUS Act (like specific versions of USDT/USDC, not securities) 5️⃣ Digital Securities → Tokenized stocks/bonds and other traditional financial instruments (regulated by the SEC, are securities) As spring arrives, everything revives, and regulation becomes clearer, will my "bull market" come back?