美国证券交易委员会(SEC)刚刚发布了有史以来最重要的加密货币监管指南。这份长达68页的指南包含148个脚注,涵盖了五类代币分类、质押、挖矿、封装和空投的安全港条款,以及一项将改变所有代币交易结构的分离原则。 本帖将介绍一些初步要点,完整分析请见下文。
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