SEC Hints What Crypto Assets can be Securities (UPDATED) On Wed, in an exceedingly long-awaited move, a division at the U.S. Securities ANd Exchange Commission (SEC) discharged a framework for analyzing whether or not a digital plus is obtainable and sold as an investment contract, and, therefore, may be a security. (Updated on 17:04 UTC: two new sections - "Nothing new here" and A no-action request - have been added.) However, in AN announcement, Bill Hinman, Director of Division of Corporation Finance at SEC, and Valerie Szczepanik, Senior Advisor for Digital Assets and Innovation at SEC, stressed that the framework is not supposed to be AN thorough summary of the law, but rather, "an analytical tool to assist market participants assess whether or not the federal securities laws apply to the supply, sale, or resale of a particular digital asset." "This framework represents employees views and isn't a rule, regulation, or statement of the Commission. The Commission has neither approved nor condemned its content," they else. According to them, the knowledge contained during this framework might apply to entities conducting the subsequent activities associated with digital assets: