The SEC is exploring the development of a taxonomy to categorize various types of crypto assets under securities laws

Quotes that support claims

The securities regulator is ready "to seek earnestly to find a workable framework," Peirce said at the agency's first crypto-focused roundtable on Friday. "I think we're ready for the spring ahead," she said, referring to the title of the day's event, the "Spring Sprint Toward Crypto Clarity." The task, according to Peirce: "Can we translate the characteristics of a security into a simple taxonomy that will cover the many different types of crypto assets that exist today and may exist in the future?"