SEC Staff Clarifies Who Controls a Crypto Network
Photo: Coindoo
Key Takeaways Unaffiliated voters generally aren’t treated as one group. Delegation and informal coordination still count. Unilateral access or code powers point to control. Working software and decentralization are separate tests. The Division of Corporation Finance added questions 1.4 to 1.6 to its crypto asset FAQ on November 2, extending a page first published on September 25. What Staff Added on November 2 Each new answer takes up one piece of the control test in the SEC’s March interpretation.
Source: Coindoo
