According to the filing, the joint SEC and CFTC guidance would replace the 2019 framework after Federal Register publication on March 23 and adds classifications for crypto assets plus clarifications on mining, staking, and airdrops.
The SEC and CFTC filed joint crypto asset interpretive guidance on March 20 to replace the 2019 digital asset investment contract framework. According to the provided text, the document is expected to take effect upon publication in the Federal Register on March 23. The new guidance classifies crypto assets into five categories and provides additional regulatory clarity on how rules apply to mining, staking, and airdrops.