In California and the rest of the US, the SEC could classify crypto tokens as securities. If written into law, this bill would exempt cryptocurrencies from this ...
source https://www.google.com/url?rct=j&sa=t&url=https://cryptocurrencynews.com/california-leading-america-crypto-economy/&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNEbBJr0mpMULlzOvHPstRO7213v2A
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