According to @VanessaGrellet_, the SEC staff is preparing to release definitive guidance on asset classification, specifically targeting digital commodities, stablecoins, and digital collectibles. The update clarifies that most crypto assets are not considered securities, as stated by Atkins. For those assets that do qualify as securities, market participants should anticipate the introduction of tailored exemptions and safe harbor provisions. This regulatory clarity is expected to reduce legal uncertainty and potentially drive increased trading activity and institutional participation in the cryptocurrency market. Source: @VanessaGrellet_

According to Eleanor Terrett, the Oregon Attorney General has filed a lawsuit against Coinbase, alleging that 31 tokens, including XRP, LINK, and UNI, were sold as investment contracts, classifying them as 'crypto securities.' This lawsuit extends beyond the SEC's original claims and could impact trading strategies and regulatory compliance for these tokens. Traders should monitor this development closely as it may influence token liquidity and market dynamics.