🇺🇸 Something just shifted a bit on the crypto side. The SEC and CFTC dropped joint guidance on how they’re thinking about digital assets. Not a new law… but the direction is getting clearer. They’re introducing a token taxonomy and covering things like staking, mining, airdrops. And the interesting part: Assets like $ETH $SOL $XRP $ADA $LINK are being framed more like commodities than securities. If that sticks… it’s a big deal. Not overnight. But over time this is the kind of clarity that changes how institutions show up, how ETFs evolve, and how capital flows into the space.