# SEC Clarifies Crypto Asset Securities *The SEC says it recognizes that most crypto assets are not securities.* By [ETH Daily](https://ethdaily.io) · 2026-03-18 news, 2026, march2026 --- Quick Take ---------- * World launches AgentKit. * Tally cancels ICO and winds down. * Cari Network builds on ZKsync. * SEC clarifies crypto asset securities. * * * [ SEC Clarifies Crypto Asset Securities ------------------------------------- Listen to this episode from Ethereum News on Spotify. The SEC clarifies crypto asset securities. World launches AgentKit. Tally cancels its ICO and winds down. And Cari Network builds on ZKsync. Read more: https://ethdaily.io/905 Are you running a treasury? You need liquidity but don't want to sell ETH? https://spotify.com ![SEC Clarifies Crypto Asset Securities](https://storage.googleapis.com/papyrus_images/9b06cc938e9fb8ef9f92bf6cd5b899b37bed5116a84f59357628a575a484a29c.jpg) ](https://open.spotify.com/episode/1y3xZm16QnWUlGdCq93zBX) * * * Sponsored by ------------ [![](https://storage.googleapis.com/papyrus_images/cafb37e949427b4f9bf50bf8e45bd863541344063607c276d265fb5187fc0fcf.png)](https://www.liquity.org/earn?utm_source=eth_daily&utm_medium=newsletter&utm_campaign=earn_mar_2026&utm_content=borrow_banner) Are you running a treasury? You need liquidity but don’t want to sell ETH? Get the lowest fixed rates to borrow against ETH and LSTs on Liquity V2 on [liquity.org](https://www.liquity.org/?utm_source=eth_daily&utm_medium=newsletter&utm_campaign=mar_2026&utm_content=borrow_text) * * * SEC Clarifies Crypto Securities ------------------------------- The SEC and CFTC [issued](https://www.sec.gov/newsroom/press-releases/2026-30-sec-clarifies-application-federal-securities-laws-crypto-assets) a joint interpretation clarifying how federal securities laws apply to crypto assets. SEC Chairman Paul S. Atkins [stated](https://x.com/SECPaulSAtkins/status/2034012012460556526) that the Commission recognizes that most crypto assets are not securities. The [guidance](https://x.com/HesterPeirce/status/2034002745640775907) categorizes non-securities digital assets to include digital commodities, collectibles, tools, and payment stablecoins under the GENIUS Act. World Launches AgentKit ----------------------- World, the proof of human identity project, [launched](https://x.com/worldnetwork/status/2033923684768092436) AgentKit, a developer toolkit that allows AI agents to prove they are backed by a real, unique human using verified World ID Proof of Personhood credentials. It extends Coinbase’s x402 payments protocol by adding a privacy-preserving identity layer. The kit enables apps to verify how many distinct humans are behind agent activity, without revealing personal information. It aims to help platforms allow trusted agent access while limiting agent spam, abuse, and manipulation. The release is currently in beta. Tally Cancels ICO And Winds Down  --------------------------------- Tally, an onchain governance infrastructure provider, [announced](https://x.com/tallyxyz/status/2033914203837280737) that it is no longer moving forward with its planned ICO, and is winding down its platform. Tally CEO Dennison Bertram [cited](https://x.com/tallyxyz/status/2033917127304814802) current market conditions and uncertainty about delivering on promises made to token holders as reasons for the reversal. He added that a venture-backed business in decentralized governance tooling is currently unsustainable. Tally was one of the most widely adopted DAO platforms across the Ethereum ecosystem, supporting governance for Arbitrum, ENS, Uniswap, ZKsync, and EigenLayer. Tally will continue to support its partners during the transition. Cari Network Built On ZKsync Prividium -------------------------------------- ZKsync [announced](https://x.com/zksync/status/2033864749016809582) that Cari is building a bank-governed tokenized deposit network bult on a ZKsync Prividium chain, a permissioned, privacy-focused L2 anchored to Ethereum and secured by zero-knowledge proofs. The initiative aims to help banks modernize payments while keeping deposits within the regulated banking system. Developed with five regional banks, the Cari Network enables tokenized deposits that remain bank liabilities and are insured by the FDIC. The platform aims to support the full lifecycle of deposits, issuance, transfer, and redemption, and is targeting a production rollout in 2026. Other News ---------- * Arbitrum [transparency report](https://x.com/arbitrum/status/2033921637993607475) * ENS [name collisions](https://x.com/ensdomains/status/2033964525561733331) * Bitrefill [suffers](https://x.com/bitrefill/status/2033931580352221656) a data breach * ECF [introduces](https://x.com/ethcforg/status/2033929565819531465) Swapboard * Phantom [receives](https://x.com/BChillman/status/2033913119756714298) no action relief * VF: [Crypto’s True Believers](https://www.vanityfair.com/news/story/cryptos-true-believers?srsltid=AfmBOoofr7TcnvvrDKblEUGzEy3rLf3VhwUvuSvzCujg6C_kO0KLMz-5) * * * Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed. --- *Originally published on [ETH Daily](https://ethdaily.io/905)*