What is the Context of US Securities Law?

The application of US Securities Law to digital assets remains a central and frequently debated topic, with the Securities and Exchange Commission often asserting jurisdiction over many cryptocurrencies. The classification of digital tokens as securities has significant implications for how they can be offered, sold, and traded. This continuing legal interpretation shapes the regulatory landscape for the digital asset industry.

US Securities Law

Definition

US Securities Law comprises the federal and state statutes and regulations that govern the issuance, trading, and disclosure of securities within the United States. These laws aim to protect investors, maintain fair and orderly markets, and facilitate capital formation. Key legislation includes the Securities Act of 1933 and the Securities Exchange Act of 1934. Compliance is mandatory for all market participants.

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∞Innovation

∞Compliance Framework Update

∞Network Tokens

SEC Chairman Outlines Formal Digital Asset Token Taxonomy Framework

The SEC's function-based token taxonomy provides a legal roadmap, shifting the compliance focus from enforcement litigation to proactive structural design.

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∞Regulatory Task Force

∞Broker-Dealer Rules

∞Digital Asset Regulation

SEC Dismisses Coinbase Suit, Pivots to Innovation-Focused Regulatory Framework

The SEC's strategic pivot from enforcement to a clear innovation framework fundamentally alters the US digital asset litigation risk profile.

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∞Tokenized Securities

∞Investment Adviser Act

∞State Trust Company

SEC Staff Allows State Trust Companies as Qualified Crypto Custodians

The SEC Staff's No-Action Letter permits RIAs and Regulated Funds to use State Trust Companies as Qualified Custodians for digital assets, structurally de-risking institutional adoption.