Historic day for Polkadot.
In its new crypto assets interpretation (Rel. Nos. 33‑11412 / 34‑105020), the SEC classifies DOT as a “digital commodity” and, under that framework, does not treat DOT itself as a security under the federal securities laws. DOT now appears alongside BTC, ETH, and other digital commodities.
A major step for regulatory clarity around DOT.
The Avalanche Foundation welcomes the recognition of $AVAX as a digital commodity in the SEC's recent CFTC release.
A reflection of the network's maturity, credibility, and the work this ecosystem has put in 🔺
💥BREAKING:
🇺🇸 The SEC has officially classified 16 assets as digital commodities, rather than securities, in its new Crypto Asset Taxonomy.
Assets Include: $XRP, $APT, $AVAX, $DOGE, $SOL, $ADA, $BCH, $ETH, $HBAR, $ALGO, $LTC, $DOT, $SHIB, $XLM, $XTZ and $LINK
This is HUGE! 🚀
The SEC and CFTC just dropped clarity on crypto.
BTC, ETH, SOL, XRP, ADA, LINK, AVAX, DOGE, SHIB, DOT, LTC, BCH, XLM, XTZ, HBAR, APT
All listed as digital commodities.
This is what the industry has been waiting for.
SEC CHAIR PAUL ATKINS - SEC HAS FINALLY CLARIFIED CRYPTO RULES
Four categories like digital commodities and stablecoins, are NOT securities anymore. Only tokenised traditional assets fall under securities laws.
This alt coin cycle, Avax will easily hit $200 and probably top around $350. FOMO will start once we go above $77. The problem is that I'm afraid the price will skyrocket similar to Zcash, out of nowhere, non stop, hitting ATH in like 2 weeks