SEC Staff Say Crypto Governance Voters Alone Don’t Form a ‘Controlling Group’
Photo: TheCoinrise
New staff guidance narrows who counts as controlling a blockchain network while flagging token buybacks for closer review The U.S. Securities and Exchange Commission's staff has published new guidance addressing a long-debated question in crypto regulation: who actually controls a decentralized network. According to reports from Coindoo, Unchained, Crypto News Flash and Cryptopolitan, the guidance takes the form of an updated FAQ document aimed at clarifying how existing securities concepts apply to token-based projects. The central clarification concerns governance voting.
Source: TheCoinrise
