House Representatives Tom Emmer and Darren Soto’s Securities Clarity Act Would Make It Harder for the SEC to Argue Crypto Tokens Are Unregistered Securities

A new bill introduced in the House would clarify that a digital asset that is sold as part of an “investment contract” does not necessarily become a security. If passed, the Securities Clarity Act would help settle one of the most debated legal questions in the crypto space and make it more difficult for the U.S. Securities and Exchange Commission (SEC) to argue that many existing tokens are unregistered securities.

Source: House Representatives Tom Emmer and Darren Soto’s Securities Clarity Act Would Make It Harder for the SEC to Argue Crypto Tokens Are Unregistered Securities