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UNCHAINED: The SEC Thinks Crypto Airdrops Are Securities. Here's Why This Lawyer Thinks It's Wrong

CoinDesk Podcast Network

CHAPTER

Shifting SEC Rhetoric on Crypto Classification

This chapter delves into the SEC's evolving language regarding the classification of crypto assets as securities, highlighting the implications of a recent controversial footnote. The conversation critically examines past legal cases, the SEC's new 'ecosystem' theory for enforcement, and the potential for a legal gray area due to varying judicial interpretations. Additionally, it addresses the upcoming congressional testimony of the SEC chair and the impact of the presidential election on future crypto regulation.

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