#StaySAFU

According to PANews, the U.S. Securities and Exchange Commission (SEC) has published a statement through its Division of Corporation Finance to clarify the application of federal securities laws to the cryptocurrency market.

This guidance aims to assist with the registration and disclosure requirements for securities related to networks, programs, and crypto assets, 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 description, risk factors, security characteristics, management information, financial statements, and the presentation of smart contract code. The SEC's recommendations are intended to provide clarity on how these requirements apply to equity and debt securities related to crypto assets.