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Crypto Vs The SEC - 76 Cryptocurrencies Are Unregistered Securities - Let The Battle BeginCrypto assets�also known as digital assets�are assets that are issued or transferred using distributed ledger or blockchain technology. The Securities and Exchange Commission today charged Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Kraken's crypto trading. A new paper provides this framework, by showing why fungible cryptoassets are not themselves securities under existing U.S. federal securities.