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lopezo23
@timemagazine
SEC Under Pressure? A16z Just Made a Move The latest letter from the Andreessen Horowitz (A16z) to the SEC proposes a legal framework for classifying and regulating blockchain tokens. Key Points • The A16z letter proposes clear token categories for regulation. • Suggests regulation should depend on how much control a team has over the project. • Decentralized tokens could be exempt from securities laws. • Centralized tokens may need to follow traditional (but updated) regulations.
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lopezo23 pfp
lopezo23
@timemagazine
If a project is truly decentralized → it might avoid being labeled a security. If a project is run like a company → it probably is a security and will face stricter rules. They even broke down all tokens into 7 types: • Chain tokens (#BTC, #ETH, #SOL) • Security tokens (like digital stocks) • Company-backed tokens (#FTT, early #BNB) • Utility tokens (think Robux-style use) • NFTs • Asset-backed tokens ( $USDC, $stETH) • Memecoins ( $PEPE, $SHIB, $TRUMP)
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