Analysis: The U.S. SEC may redefine the properties of cryptocurrencies, with most tokens possibly being categorized as commodities

Regulatory expert Amy Lynch stated that the U.S. Securities and Exchange Commission (SEC) may redefine the characteristics of cryptocurrencies, with most tokens likely to be classified as commodities, thereby falling outside of SEC jurisdiction.

The lawsuit by the SEC against Ripple Labs for issuing XRP tokens has become a key indicator. Previously, the SEC accused it of issuing securities without registration. Importantly, this case is seen as a legal basis for classifying most cryptocurrencies as securities under SEC supervision. (business insider)