Wu Shuo learned that according to the official website, the US Securities and Exchange Commission (SEC) has released Frequently Asked Questions (FAQs) related to encrypted asset activities and distributed ledger technology, covering broker custody rules, physical subscription of encrypted spot ETFs, handling of net capital for Bitcoin and Ethereum, and transfer agent rules for tokenized securities. Commissioner Hester Peirce called the guidance a "gradual step" and reminded that non securities based cryptocurrencies are not protected by the Securities Investor Protection Act (SIPA). https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42555