#SECAndCFTCNewGuidelines On March 17, 2026, the SEC and CFTC released a
landmark 68-page joint interpretive release (No. 33-11412) that fundamentally
rewrites the U.S. crypto regulatory landscape. This marks a shift from
"regulation by enforcement" to a structured, taxonomy-based
framework.
Here is the breakdown of the new guidelines:
1. The Five-Category Taxonomy
The agencies have categorized all digital assets
into five distinct buckets to clarify which agency has jurisdiction:
Digital Commodities: Assets that derive value
from programmatic operation and supply/demand rather than manageria