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

CoinDesk Podcast Network

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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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