CTF Written Submission

RE: Comments on the SEC Crypto Task Force’s Questions Concerning the Security Status of Crypto Assets

March 13, 2025
  • The document proposes a control-based decentralization framework to limit the application of federal securities laws, suggesting that when control is eliminated, the application of securities laws should be limited.
  • It emphasizes the need for a clear regulatory taxonomy that separates crypto asset classification from transaction analysis, aiming to reduce regulatory uncertainty and enforcement-driven policymaking.
  • The response advocates for the establishment of compliant pathways for network tokens, including the creation of a safe harbor for certain airdrops and incentive-based rewards.

Last Reviewed or Updated: April 16, 2025