When Does a Token Stop Being a Security? The Howey Test Evolution in 2026
Learn how the Howey test applies to crypto in 2026, when tokens may graduate from securities, and actionable steps for founders and counsel navigating SEC guidance.
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CLARITY Act Status 2026: What’s in the Pending Crypto Market Structure Legislation
The CLARITY Act passed the House and awaits Senate action. Here’s what’s in the crypto market structure bill, what may change, and how to prepare now.
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SEC Crypto Task Force 2025-2026: Registration Pathways and Regulatory Clarity Roadmap Explained
The SEC Crypto Task Force is developing registration pathways and regulatory guidance for digital assets. Here’s what crypto founders and compliance teams need to know for 2026.
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SEC Approves Nasdaq Tokenized Equities Pilot: A Watershed Moment for Digital Asset Securities
SEC approves Nasdaq pilot for tokenized equities on blockchain—the first national exchange approval for digital asset securities infrastructure. Analysis and implications.
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SEC Crypto Task Force 2026: What the New Enforcement Priorities Mean for Token Projects
The SEC Crypto Task Force has reshaped enforcement priorities in 2026. Here’s where enforcement is still aggressive, where it has pulled back, and what token projects should do now.
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SEC Commissioner Peirce Invites Tokenization Firms to Engage: What It Means for Crypto in 2026
SEC Commissioner Peirce invites tokenization firms to engage with the agency, emphasizing disclosure over merit regulation. What it means for crypto projects in 2026.
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Multi-Asset Crypto ETFs and NYSE Arca Rule 8.500-E: How the Bitwise 10 Crypto Index ETF Filing Reshaped US Listing Practice
How NYSE Arca Rule 8.500-E and the Bitwise 10 Crypto Index ETF filing set the template for multi-asset crypto ETP listings — analysis for US counsel.
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SEC-CFTC Joint Crypto Guidance: Analyzing the ‘Not an Endpoint’ Framework
The SEC and CFTC issued joint crypto guidance, but their ‘not an endpoint’ language raises questions about durability and compliance strategy.
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SEC Issues Formal Interpretive Release Clarifying Federal Securities Laws for Crypto Assets (2025)
The SEC issued a formal interpretive release clarifying how federal securities laws apply to crypto assets — a landmark development for US token issuers, exchanges, and practitioners.
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SEC Chairman Atkins’ Crypto Reset: What Changed for Digital Assets in 2025
SEC crypto enforcement dropped 27% in 2025 under Chairman Atkins. Learn what changed, what the law still requires, and what companies should do now.
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SEC Chairman Atkins Signals Major Crypto Policy Shift, Calls Previous Approach a ‘Missed Opportunity’
SEC Chairman Atkins calls prior crypto approach a ‘missed opportunity,’ signaling potential policy shift. What it means—and what hasn’t changed yet.
