SEC and CFTC Unveil Joint Classification of Major Crypto Assets as Digital Commodities

The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint statement clarifying the classification of major crypto assets. According to the document, 18 prominent tokens are now considered digital commodities rather than securities.

This decision affects over $150 billion in market capitalization and has significant implications for institutional participation and regulatory clarity. The list includes prominent tokens such as Bitcoin, Ethereum, Solana, and Ripple, among others.

The SEC and CFTC have established a five-category token taxonomy to distinguish between digital commodities, collectibles, tools, stablecoins, and securities. This framework aims to provide clear guidelines for market participants and reduce regulatory uncertainty.