SEC Clarifies Crypto Asset Classification, Excludes Most from Securities Definition
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that the majority of cryptocurrency assets will not be classified as securities. According to NS3.AI, the SEC specifically stated that activities such as protocol mining, staking, and airdrops do not fall under the definition of an investment contract. SEC Chair Paul Atkins highlighted that this interpretation provides market participants with clearer guidelines under federal securities laws, addressing over a decade of ambiguity.Following the SEC's announcement, the Commodity Futures Trading Commission (CFTC) declared that it would align its administration of the Commodity Exchange Act with the SEC's interpretation. Atkins further noted that this guidance could act as a transitional measure while Congress develops bipartisan legislation on market structure.
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Step 1: Go to "Earn" On the home screen of your Binance App, look for the Earn icon. If you don't see it, click on "More" and find it in the Finance section.
Step 2: Choose your currency I use $USDT because it is stable (1 USDT = 1 Dollar). This way I don't worry about whether the market goes up or down.
Step 3: Diversify (My current strategy): • Flexible (3.85% APR): Here I put what I want to have available. The interest accumulates daily. Ideal for the "just in case".
• Locked (15% APR): This is my favorite for growth. You leave it for 30 days and the reward is much greater.
Step 4: Subscribe You choose the amount, confirm, and that's it. You are now an active investor.
A tip: Activate the "Auto-subscription" option on flexible products so that the interest you earn gets reinvested automatically. Compound interest on autopilot!
Do you have any questions about a specific step? Leave it in the comments and I'll help you.
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