The SEC released new crypto guidance in 2025, stating digital assets are not just risky bets but regulated securities..Companies must clearly disclose token use, governance, network structure, and major risks to protect investors..Tokens sold with profit promises and central team control may require full SEC registration or exemptions..Crypto exchanges face tighter listing rules and may need broker dealer registration for security tokens..SEC highlights crypto custody risks, warning investors about lost keys, exchange failures, and ownership issues..Read More Stories