Non-Security Determination

Definition ∞ A non-security determination is a legal or regulatory conclusion that a particular digital asset does not meet the criteria to be classified as a security under existing laws. This classification typically means the asset is not subject to the stringent registration and disclosure requirements associated with securities offerings. It offers regulatory clarity for projects. This status can reduce compliance burdens.
Context ∞ Obtaining a non-security determination for a digital asset is a significant objective for many blockchain projects, as it can reduce regulatory burdens. News reports often highlight instances where regulators or courts issue such determinations, providing important precedents for the broader crypto industry. This legal status can influence an asset’s market perception and liquidity. Such decisions greatly impact market operations.

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→US Market Structure

→Issuer Reliance

→Safe Harbor Provisions

SEC Chairman Details Project Crypto, Proposing Formal Token Taxonomy

The SEC Chairman's new framework prioritizes economic substance, suggesting tokens can shed security status, mandating a compliance pivot.

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→Non-Security Determination

→Price Performance Tracking

→Altcoin Institutional Adoption

SEC Approves Spot XRP and Dogecoin ETFs Expanding Institutional Access

The SEC's approval of altcoin spot ETFs expands regulated product offerings, fundamentally altering the digital asset classification landscape and accelerating institutional integration.

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→Network Incentive Structure

→Token Distribution Model

→Howey Test Application

SEC Staff Grants Relief for Programmatic DePIN Token Distributions

The Staff's NAL provides a critical, non-enforcement path, affirming that programmatic network incentives are not securities when sufficiently decentralized.

Non-Security Determination

SEC Chairman Details Project Crypto, Proposing Formal Token Taxonomy

SEC Approves Spot XRP and Dogecoin ETFs Expanding Institutional Access

SEC Staff Grants Relief for Programmatic DePIN Token Distributions

Incrypthos

Stop Scrolling. Start Crypto.