EconomySEC clears regulatory hurdle as crypto token buybacks hit record $638 million
Crypto projects spent about $638 million on token buybacks through late August 2026, a record led by Hyperliquid and Pump.fun. SEC corporation-finance staff said a buyback announcement for a non-security token on a functional network is outside the Howey test’s essential-managerial-efforts promise, while warning that younger projects may invite investment-contract scrutiny by marketing buybacks as returns.
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CryptoSlate★★☆☆☆2026-09-26 20:20Original
SEC clears regulatory hurdle as crypto token buybacks hit record $638 million
Economy