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SEC Staff Clarifies Token Buybacks and Liquid Staking in New FAQs

The Defiant · · Exchanges · Regulation · Ethereum

U.S. Securities and Exchange Commission staff said Sept. 25 that announcing buybacks of non-security tokens on a functional crypto system does not constitute a promise to undertake essential managerial efforts—a key element of the investment-contract analysis. The new FAQs, issued by the...

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