#SECGuidance According to PANews, the U.S. Securities and Exchange Commission (SEC) has issued a statement through its Division of Corporate Finance to clarify the application of federal securities laws in the cryptocurrency market. This guidance aims to facilitate the registration and disclosure requirements of securities related to networks, applications, and cryptoassets, including those that are part of investment contracts.

The statement addresses key disclosure elements in documents such as Regulation S-K, Form S-1, and Form 10. These elements include business descriptions, risk factors, characteristics of the securities, management information, financial statements, and the presentation of smart contract code. The SEC's guidance seeks to clarify how these apply.