Nasdaq recommends that the US SEC categorize digital assets into four types to promote the establishment of a clear regulatory framework.

GateUser-6433627c · 2025-04-25T17:59:11+00:00

Nasdaq suggests categorizing digital assets into four main types to clarify the vesting responsibilities. These four categories are: financial securities assets, digital investment contracts, digital asset commodities, and other digital assets. The proposal aims to promote the establishment of a clear regulatory framework, addressing concerns over future Crypto Assets regulation and providing guidance for the orderly development of digital assets.

GateUser-6433627c

2025-04-25 17:59:11

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On April 25, according to CoinDesk, Nasdaq suggested in a letter to the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group that digital assets be classified into four main categories to clarify regulatory responsibilities. This move aims to promote the establishment of a clear regulatory framework in response to SEC Commissioner Hester Peirce’s request for comments on future crypto regulation. Nasdaq proposed that digital assets should be classified based on their attributes as: financial securities linked to traditional securities, digital investment contracts that meet the clarified Howey test, digital asset commodities that meet the definition of commodities, and “other digital assets” that do not fall into the aforementioned categories. The letter pointed out that the existing market can fully incorporate the innovative characteristics of digital assets by establishing reasonable classifications and adjusting rules, thus promoting their orderly development within the regulatory system.

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