The U.S. Securities and Exchange Commission (SEC) is holding its first roundtable on crypto regulation focusing on defining crypto assets as securities.
Defining crypto assets as securities
According to CNBC, the SEC’s efforts aim to provide clearer guidelines on whether certain crypto assets should be classified as securities. Previously, the SEC targeted many companies over unauthorized crypto activities without clear guidelines for avoidance.
Bitcoin holds steady while Ethereum lags
Despite regulatory uncertainty, Bitcoin has remained stable in recent weeks. Macheel noted that Bitcoin is trading around its 200-day moving average, seen as a key technical support level.
Market outlook remains mixed
Ethereum struggles to gain momentum despite growing institutional interest. Macheel noted that the broader crypto market is relatively subdued compared to other asset classes like gold.
Investors are watching to see if the SEC roundtable will provide clarity on staking and the regulatory framework. A clearer regulatory environment could pave the way for new financial products.
