Representatives of the American Nasdaq stock exchange sent the US securities and US Exchange Commissions (SECs) a letter of proposal to establish the same regulation standards for cryptocurrencies as for the market of traditional finances.

Nasdaq analysts proposed dividing cryptocurrencies into three large categories:

  • Securities – tokenized versions of financial instruments defined as securities.

  • Digital assets of-Tovars are corresponding to the definition of goods in American legislation.

  • Other digital assets are tools that are not included in previous categories and are not securities or goods

NASDAQ experts said that the tokenized versions of securities and investment contracts should be in the jurisdiction of the Sec, and the goods under the jurisdiction of the U.S. URSA Exchange Trade (CFTC).

“The classification of digital assets as securities, goods or either one or the other has confused regulators, legislators and courts. A clear classification is crucial. She determines whether such assets fall under the jurisdiction of SEC, CFTC, both or any of the agencies, ”Nasdaq explained.

According to exchange analysts, securities and their tokenized versions should obey the same trading rules in order to ensure the development of crypto industry.

Earlier, the US Federal Reserve (Federal Customs Federal District) canceled the requirements that previously limited the participation of banks in transactions with cryptocurrencies and stablecoins.