Crypto finally got SEC clarity. Why didn’t the market care?

The SEC and CFTC recently provided the clearest regulatory guidance for crypto in years, clarifying the distinction between crypto assets and traditional financial products and reducing the presumption that most crypto assets are securities. While this clarity was expected to be a bullish catalyst, the market’s muted response reveals that traders now prioritize durable legal certainty from Congress over regulatory goodwill alone. The industry has moved past concerns about agency hostility to focusing on the long-term stability of the regulatory framework. Although the SEC’s new token taxonomy and guidance on staking and airdrops offer a clearer path forward, the lack of legislative action has left the market unconvinced. Furthermore, the SEC’s favorable stance towards tokenization within traditional finance may benefit established institutions more than native crypto companies. Ultimately, the market awaits congressional action to establish a lasting legal framework before fully reevaluating the crypto sector.

(Source：CryptoSlate)