Federal Court Classifies Programmatic Digital Asset Sales as Non-Securities Transactions
This partial judgment recalibrates the Howey test's application to secondary market sales, demanding an immediate re-evaluation of exchange listing and product structuring compliance frameworks.
SEC Staff Permits State Trust Companies as Qualified Crypto Asset Custodians
The SEC staff’s custody no-action relief expands the qualified custodian universe, strategically de-risking institutional crypto adoption.
