US Regulators Unveil Joint Crypto Guidance Document

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have jointly released a regulatory guidance document for cryptocurrency assets. The document, effective as of March 23, provides market participants with directly actionable regulatory guidance and replaces the 2019 'Digital Asset 'Investment Contract' Analysis Framework.'

The document is based on the Project Crypto initiative launched in 2025 and aims to provide immediate compliance clarity for entrepreneurs and investors before bipartisan market structure legislation is advanced in Congress.