A native token is a digital currency created specifically for a particular blockchain network. It serves as the primary medium of exchange within that network, facilitating transactions and interactions among users.For example, Ether (ETH) is the native token of the Ethereum network. It is used to pay for transaction fees and computational services on the Ethereum platform. Each blockchain typically has its own native token, allowing it to operate independently and sustain its ecosystem.These tokens often have additional uses, like staking, governance, and incentivizing participation in network activities. Holding a native token can give users certain rights, such as voting on protocol changes or receiving rewards.In summary, native tokens are essential to the functionality and economy of their respective blockchains, playing a crucial role in maintaining their operations and supporting user engagement.

The CFTC and SEC Have Jointly Issued New Guidance Clarifying How U.S. Securities and Commodities Laws Apply to Crypto Assets, Introducing a Clearer Token Taxonomy
In a significant shift for the U.S. crypto regulatory landscape, the Securities and Exchange Commission (SEC) and the Commodity Futures

