CTF Written Submission

There Must Be Some Kinda Way Out of Here Part II -- Security Status

March 17, 2025
  • The Commission should identify categories of crypto digital assets and transactions that do not fall within its authority, considering the economic reality of what is being offered or sold.
  • Stablecoins, wrapped tokens, and NFTs should be analyzed based on their use case and the context of their sale to determine if they require the protections applicable to capital raising vehicles.
  • Disclosure requirements for digital assets should be driven by the token use case, including information about total and circulating supply, token utility demand statistics, project roadmap, team, and competitive landscape.
     

Last Reviewed or Updated: April 3, 2025