On March 17, 2026, the SEC (together with the CFTC) officially released an interpretation **Release No. 33-11412** – a 68-page document that for the first time provides a clear classification of crypto-assets into **five categories**, with the most important being **"Digital Commodity"** (digital commodity asset / digital raw material asset). These assets **are not securities**, but fall under the regulation of the CFTC.