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U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.[#item_full_content]

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Jesse Hamilton