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Regulation & Legal Unverified

SEC staff guidance says token buybacks don't make crypto a security

SEC staff issued guidance stating that announcing a token buyback on a functional network does not turn the token into a security, according to Decrypt. One attorney described the shift as making securities laws look "opt-in."

Why “Unverified”

  • Reported by Decrypt alone, with no second source or primary confirmation yet

1 independent source groups across 2 posts · evidence score 56/100. How labels work

What the sources claim

  1. SEC staff guidance says announcing a token buyback on a functional network is not a promise that turns the token into a security.

    “announcing a token buyback on a functional network isn't a promise that turns the token into a security”
    Decrypt
  2. An attorney said the SEC guidance makes securities laws look "opt-in."

    “a shift one attorney says makes securities laws look "opt-in."”
    Decrypt
  3. The SEC is providing clarity on what crypto protocols can and can't do with their tokens.

    “the SEC is providing clarity on what crypto protocols can and can’t do with their tokens.”
    Decrypt

Sources

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-29 17:56 UTC. Labels are computed from the sources, not by the model.