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SEC Staff FAQ on November 2 Says Governance Tokens Like UNI Are Not Securities

COINOTAG·November 3, 2026·1 min read
SEC Staff FAQ on November 2 Says Governance Tokens Like UNI Are Not Securities

SEC staff published an update to its crypto-assets FAQ on November 2, answering a long-standing question about governance tokens. The update states that governance tokens like UNI are not securities. This clarification addresses a question that has hung over the sector for years.

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