CTF Written Submission
Dragonchain Feedback to Commissioner Hester M. Peirce article There Must Be Some Way Out of Here dated Feb. 21, 2025
March 10, 2025
- A proper regulatory taxonomy should distinguish between software licenses and utility tokens versus financial securities and investment vehicles.
- Blockchain functions such as consensus mechanisms, smart contract execution, and decentralized identity management should not fall under securities regulations.
- NFTs should not be presumed to be securities, as they are digital collectibles with use cases in gaming, identity, and authentication.
Last Reviewed or Updated: April 3, 2025