REGULATORY

Regulatory Clarity

The legal framework for token issuers in the US: Howey Test, Reg D exemptions, FIT21 market structure, SEC precedent, and AML/KYC compliance requirements.

howey-test-token-classification-guide
REGULATORY

The Howey Test in 2026: A Practical Token Classification Guide

The 1946 ruling still governs every token issued in the US. Work through the four prongs before you launch.

Feb 22, 2026 · 7 min read
reg-d-506c-token-issuers-guide
REGULATORY

Reg D 506(c) for Token Issuers: What You Actually Need to Know

Accreditation verification, Form D filing, general solicitation rules, and how 506(c) differs from 506(b).

Feb 24, 2026 · 9 min read
fit21-digital-asset-market-structure
REGULATORY

FIT21 and the New Digital Asset Market Structure

The House-passed bill that creates a commodity/security pathway for digital assets — what issuers need to know.

Feb 25, 2026 · 7 min read
sec-ripple-xrp-ruling-implications
REGULATORY

SEC v. Ripple: What the 2025 Ruling Means for Token Issuers

XRP is not a security on public exchanges. The landmark ruling and its practical implications for the industry.

Feb 26, 2026 · 6 min read
aml-kyc-token-issuers-requirements
REGULATORY

AML/KYC Requirements for Token Issuers

FinCEN obligations, FATF Travel Rule, OFAC screening, and the compliance stack every token issuer needs.

Feb 27, 2026 · 7 min read