[stefan_]

Yeah, and the day they find an application for crypto that isn't "literal unregulated security" (the basis of all the enforcement "lacking guidelines" you are complaining about!) will be the day I dig deep to find some compassion. Until then, the guidelines are clear if you want to market and sell securities. You just didn't like what they say.

[DennisP]

If they are securities, then there should be a way to register them with the SEC and follow the law. As your link said, that's not the case.

But BTC and ETH at least are not considered securities at this point, and in general, the SEC has not done all that well when companies took it to court.