Bitcoin (BTC) He continues his swing movements, and now he’s probably returned to $ 85,000 to fall further. While the uncertainty about tariffs is at the morale -disruptive level, there are other issues to focus on long -term focus for investors. The legal status of Airdrops is one of them. Moreover, since SEC’s stance will affect the rules on a global scale, the issue we will discuss today concerns everyone.
Airdrops and Legal Regulation
The suggestion certificate, which was sent to Hester M. Peirce, the President of the Secretary of Crypto Hester M. Peirce, by Andreessen Horowitz (A16Z) on March 13, 2025, was published today. Crypto here Airdrops And the steps to be taken about the incentive awards are mentioned. A16Z, in certain situations Your crypto assets (Especially Airdrops and incentive -based prizes) advised the establishment of a safe port (Safe Harbor) based on open criteria in order not to be evaluated within the scope of Federal Securities Laws.
According to the existing laws, the securities within the scope Your crypto coins It is extremely complex to define. Essentially, it is not possible to define the net rules that make this definition. Therefore, this is the problem that needs to be solved, which subcoins will be clarified which subcoins will be under the control of the SEC.
Andreessen Horowitz (A16Z) also requested that a framework will first support innovation and define the situations in which the registration requirement is unnecessary. Thus, the distribution of AirDrop or incentives that define certain criteria can be made in a way that will not get into trouble with laws in the future.
Need of decentralization and regulation
Airdrops and Network Incentive Awards are distributed at very low costs or free of charge. These tokens, which are seen as the part of the management in order to prevent the control of the network to a single center, allows the network to make decisions about the network, while the network gains equipment with the advantage of decentralization.
Well, this will meet the need for decentralization Airdropswhat conditions would it make sense to meet the initiatives that should be safe for the token awards to ensure safe port? Here Andreessen Horowitz (A16Z) suggests 5 conditions and wants to be evaluated by SEC.
- Tokens must be part of the network. The values should be caused by the functionality of the software, ie the system controlled by a company.
- The network should be functional and the basic operations should be able to take place without intervention.
- Fair distribution should be taken into consideration. It should be distributed openly to the community, not only to certain people. Moreover, in order to be fair, the distribution must be based on predetermined rules. As a matter of fact, we have seen examples for many AirDrops that surprise rules disappointed communities.
- Airdrop And the awards should be made free or very low financial equivalent. Huge transaction fees, with the cost of activity Airdrop Farm should not be encouraged. Token distribution made in exchange for money or something valuable should not be included in this scope.
- There must be transfer restrictions. For company employees, managers and investors, measures should be taken to prevent market manipulation with large token sales. The key time of tokens and the development of these mechanisms are important in this way.
Miles Jennings (General Legal Advisor), Jai Ramaswamy (Chief Law Officer), Scott Walker (Chief Compliance Officer) and the regulatory President Michele R. Korver signed by Michele R. Korver, A16z hopes to contribute to the regulation studies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
