#SECGuidance

According to PANews, the U.S. Securities and Exchange Commission (SEC) has released a statement through the Division of Corporate Finance to clarify the application of federal securities laws in the cryptocurrency market. This guidance aims to assist with registration and disclosure requirements for securities related to networks, applications, and cryptocurrencies, 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, securities characteristics, management information, financial statements, and the presentation of smart contract code. The SEC's guidance is intended to provide clarity on how these requirements apply to equity and debt securities related to cryptocurrencies.