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SEC Staff Clear Token Buybacks on Working Networks, With a Warning for Unfinished Ones - Unchained

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SEC staff clarify token buybacks and liquid staking in new FAQs

The SEC's Division of Corporation Finance released updated FAQs stating that token buybacks on working networks, liquid staking tokens, and funding network upgrades don't automatically make crypto assets securities. The guidance provides clarity on when digital assets may qualify as commodities rather than securities.

Sep 25, 2026·4 sourcesCrypto regulationLiquid stakingSecurities vs. commoditiesTokenomicsDeFi regulation
SEC staff clarify token buybacks and liquid staking in new FAQs
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