SEC Provides Interpretive Guidance on the Application of Federal Securities Laws to Certain Types of Crypto Assets and Transactions

On March 17, 2026, the SEC and CFTC jointly issued interpretive guidance regarding the application of federal securities laws to certain types of crypto assets and transactions (the “Interpretive Guidance”). The Interpretive Guidance supersedes the SEC’s 2019 “Framework for ‘Investment Contract’ Analysis of Digital Assets.”... By: Foley Hoag LLP