Former SEC Attorney Urges Narrower Test for Crypto Securities, Proposes 'Digital Value' Category
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The chairs of the SEC and CFTC staged a public joint session to signal coordinated oversight and a push for consistent definitions and procedures while Congress wrestles with market‑structure legislation. The alignment eases short‑term compliance uncertainty, but stalled markups, industry withdrawals and continuing enforcement actions mean durable clarity depends on statute drafting, confirmations and subsequent rulemaking.
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