SEC Staff Says Token Buybacks Don't Make Crypto a Security—If the Network Works
New SEC staff guidance says announcing a token buyback on a functional network isn't a promise that turns the token into a security, a shift one attorney says makes securities laws look "opt-in."
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Fresh in the current trading session. A tracked entity is involved.
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SEC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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