TokenCheck is an educational tool only. It is not legal advice and does not create an attorney-client relationship. The output of this tool is based on publicly available guidance from the SEC and CFTC and is intended to help founders understand the general regulatory landscape. Token classification is a highly fact-specific legal analysis. Your token's classification depends on the specific details of how it is structured, marketed, sold, and used, and those facts can change the analysis significantly. You should consult a qualified crypto securities attorney before making any decisions about your token. The regulatory framework described here is based on the SEC and CFTC Joint Interpretive Release of March 17, 2026 and may change as final Reg Crypto rules are published. Nothing on this site should be relied upon as legal, financial, or investment advice.
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