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【Reporter: SEC Plans to Issue Interpretive Guidance on Federal Securities Law and Cryptocurrencies】
Wu learned from crypto journalist Eleanor Terrett that the U.S. SEC has submitted an interpretive document to the White House Office of Information and Regulatory Affairs (OIRA) regarding "how federal securities laws apply to certain cryptocurrencies and related transactions." This document is a commission-level interpretation (rather than an staff-level guideline). After OIRA review is completed, three SEC commissioners will vote on the interpretive guidance.