The Commission interpretation was issued March 17 and effective March 23, 2026. It states that it does not replace Howey or binding judicial precedent and does not itself create new legal obligations.Agency interpretation, not a new congressional statute, court judgment, or project approval. CFTC guidance and statutory authorities are separately described on page 9. General reading of the identified release; no legal classificTIBBIR UNIVERSE THIS IS TIBBIR How to get TIBBIR Ribbit in numbers Connected clues Account archive Bridge & contracts On-chain research Connections Community The story Reading room Network map Timeline Findings Source library Conversations People & companies Open questions Export & reuse