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_