The SEC’s non‑binding crypto‑asset FAQ applies the Howey test to clarify crypto‑asset securities status covering 9 topics including decentralization, staking receipts, marketing, maintenance, buybacks and trading platforms.
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Latest Official FAQ from the U.S. SEC: Clarifying the Securities Status of Crypto Assets

The Division of Corporation Finance of the U.S. Securities and Exchange Commission (SEC) has released an FAQ on crypto-asset regulation. The FAQ focuses on issues such as functionalized networks,

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Personal view: USD1 is widely held, rarely spent. Issuance is ready; missing is an authorization layer for reusable institutional identity. AiFi holds the pieces, unassembled. Act now, or USD1 joins late and loses its native seat. @worldlibertyfi @AiFiCorp
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Where AiFi Might Fit | USD1: A Dollar That Has Not Been Spent Yet

USD1’s biggest achievement is still that people hold it, not that they spend it. It sits on exchanges, in lending pools, and inside points campaigns. On the issuance side, a U.S. charter is being put

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Personal view: Blockstreet mints; Dectec (Twin Vault/Twin ID) gates who may hold; AiFi moves the cash. Identity, settlement and issuance share one plane—the primary doorway. It counts only when those interfaces connect. @AiFiCorp @BlockStreetXYZ #Dectec
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AiFi | The Millimeter Where Assets Are Born: Blockstreet × Dectec

Two companies were bought into the same listed group. On the surface, one issues tokens and the other stores data. It is easy to write that up as “two more narratives bolted on.” What is actually

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Personal view: Asset tokenization relies on custody; utility tokens sell network usage. Three checks — classification, reporting, real usage — govern token value and institutional access. Firms with blockchain-as-database thinking stay on the periphery.
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On-Chain Finance | The Strategic Value of Utility Tokens Held by Web3 Listed Companies

As of the end of August 2026, distributed RWA (excluding stablecoins) counted by rwa{.}xyz stood at approximately $38.4 billion. If including the notional value corresponding to off-chain collateral,

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