The United States just took a huge step toward rewriting how crypto works. For most of crypto’s history, companies in the U.S. have been forced to play a guessing game. First, you build a token. Then you launch a platform. After that, you wait to see which regulator shows up. Because depending on how it’s classified, your product could fall under the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). Sometimes both. That’s not a small problem. It’s shaped the entire industry. Exchanges have been forced to split operations across multiple entities. Tokens have been designed to ... (full story)