US SEC advises token issuers to disclose detailed information

The U.S. Securities and Exchange Commission (SEC) has announced that token issuers must disclose detailed information about their tokens.
According to reports, on the 10th (local time), the SEC announced that companies that issue and trade tokens that can be considered securities must:
The company announced guidelines requiring companies to disclose detailed information about tokens. The announcement is not legally binding. According to the guidelines, companies must disclose the role of tokens in their business processes.
The specifics must be disclosed. However, the SEC did not provide any detailed explanation for the criteria for determining whether virtual assets are securities.