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SEC staff issues guidance on investment contract analysis of digital assets

  • SEC document Image

Apr 03, 2019

The SEC staff has issued guidance, “Framework for ‘Investment Contract’ Analysis of Digital Assets.”

The purpose of the staff guidance is to “provide a framework for analyzing whether a digital asset has the characteristics of one particular type of security – an ‘investment contract.’"

For more information, see the public statement, staff guidance, and no-action letter on the SEC’s Web site.

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