More terms
Crypto System
The combined environment formed by one or more crypto networks and the applications operating on them.
What traders should verify
For Crypto System, identify the network, application, asset, holder rights, transfer mechanics, issuer or operator, and the date of the SEC source's characterization.
Do not conflate
The label Crypto System, its technical function, or one SEC staff description does not by itself determine the legal treatment of every asset or transaction.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.