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In a major step toward regulatory clarity, the SEC’s Division of Corporation Finance released new guidance clarifying how traditional securities disclosure requirements apply to crypto projects. The statement outlines expectations for token-related disclosures in public filings, including project structure, token functionality, regulatory risks, technical details, and executive roles. While not new law, the guidance helps crypto founders and issuers understand how to comply with SEC rules in a Web3 context. This post breaks down key disclosure categories and offers practical tips for navigating the evolving crypto regulatory landscape.

In April 2025, the U.S. SEC issued a groundbreaking framework clarifying the regulatory status of certain USD-backed stablecoins. This article breaks down the key criteria for “Covered Stablecoins,” explains their exclusion from securities classification under the Reves and Howey tests, and highlights practical compliance strategies for crypto projects. Learn how stablecoin issuers, DeFi protocols, and Web3 developers can align with evolving SEC guidance while minimizing legal risk.