More terms
Digital Commodity
A crypto asset needed to participate in a functional crypto system and whose value is tied to system operation plus market supply and demand.
What traders should verify
For Digital Commodity, 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 Digital Commodity, 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.