Statement on SEC-CFTC Interpretation of Federal Securities Law

“The joint SEC-CFTC interpretation is a major win for regulatory clarity and for American crypto leadership. After years of uncertainty, builders and investors finally have a clearer roadmap for how federal regulators view crypto assets and the activities around them. The recognition that most crypto assets are not themselves securities is especially important and long overdue. This is exactly the kind of coordinated, pro-innovation action needed to keep this technology – and the jobs, investment, and opportunity that come with it – here in the United States and secure America as the crypto capital of the world.” – Blockchain Association CEO Summer Mersinger