SEC & CFTC Joint Guidance Classifies #XLM as a Digital Commodity 🚀
Okay, so basically, yesterday the SEC and CFTC in the U.S. came out and said that Stellar XLM, along with Bitcoin, Ethereum, Solana, and XRP, are "digital commodities." That means they're not seen as securities because of how their networks work and how they're traded.
This is a huge deal because it clears up a lot of the legal stuff and is a big win for everyone involved in crypto.