SEC Clarifies When Crypto Buybacks And Network Upgrades Can Raise Securities Questions
TL;DR SEC workers has printed new FAQs explaining how federal securities legal guidelines might apply to crypto-asset buybacks, community upgrades and secondary-market exercise. The steerage says a buyback can change into related to an investment-contract evaluation when an issuer presents it as a option to create yield or returns. The FAQs are workers steerage, not…