Explained: Crypto assets deemed securities by the SEC

Explained: Crypto assets deemed as securities by the SEC

The US Securities and Exchange Commission (SEC) has designated dozens of crypto assets as securities. The five commissioners jointly published these determinations publicly, on their governmental website.

In almost every case that relates to a crypto asset whose issuers intended as a “utility token,” the SEC reveals its determinations when it publicly files a civil lawsuit. This timing is understandable, allowing employees at the SEC to complete their investigation and deliberations in private.

Sometimes, the SEC also uses a filing to designate other coins as securities, even when loosely tied to the case, just to see what they can smuggle in.

However, Protos has gone through all such filings and created a list of coins that the SEC has, at some point, declared as securities. Just click on a coin symbol and it will take you to the relevant legal document, eg, Kromatica (KROM)

If you think any are missing, then let Proton know, with proof - ETH not included.