Dwuve

If he complained about pump liquidity shouldnt we run whilewhale on bonk?

Worth revisiting from last week: the SEC and CFTC released LANDMARK joint guidance on how crypto assets are treated under U.S. law. For the first time, it introduces a real framework instead of treating everything like a potential security. The token taxonomy breaks digital assets into five classifications: > Digital Commodities: 16 assets are EXPLICITLY named nonsecurities, including BTC, ETH, SOL, XRP, DOGE, ADA, LINK, and DOT (lol). Value derived from function and supply/demand, not investment contracts. > Digital Collectibles: NFTs, memecoins, fan tokens. CryptoPunks, WIF, and VCOIN named directly. Memecoins can graduate to commodities once they become “functional.” > Digital Tools: Soulbound credentials, tickets, identity badges. Things designed to DO something, not be traded. Think ENS domains. > Stablecoins: GENIUS Act–compliant payment stablecoins are nonsecurities. Until the Act takes effect in January, “Covered Stablecoins” with full reserves remain outside SEC purview. > Digital Securities: The most CONSEQUENTIAL category and the most ambiguous. The Howey test still governs. Facts and circumstances still control. The SEC declines to name a SINGLE asset it considers a security. The important part isn’t that ambiguity disappears (it doesn’t). But, THANK GOD, “everything might be a security” is no longer the default starting point. Classification now depends on use, marketing, and how a token evolves over time. We're moving in the right direction.