Wintermute urges SEC to exclude network tokens from securities rules
Source: golden
Time: 2025-09-04 19:26:24
Golden Finance reported that trading firms and market maker Wintermute asked the U.S. Securities and Exchange Commission (SEC) to confirm that online tokens should not be classified as securities. The company said it was necessary to provide clear guidance on the security status of the tokens to avoid misuse of securities laws and ensure continued growth in the crypto market. Wintermute said that "network tokens" have an inherent connection with the functions of decentralized networks or protocols" and is a necessary technical investment in blockchain networks. Because of this, the company says they are fundamentally different from financial products or securities.