#创作者冲榜 SEC issued a get-out-of-jail-free card, but Bitcoin is playing dead: The "yield rights" meat grinder between Wall Street and crypto upstarts
Retail investors in the crypto space must have felt extremely surreal these past few days. In mid-March 2026, the US SEC and CFTC rarely aligned, issuing that "token classification guidance" the entire industry had begged for over eight years. New SEC Chair Paul Atkins made sweeping changes, dividing crypto assets into five major categories, and openly declared to the world: the vast majority of cryptocurrencies are simply not securities. This was