In this article, Franco Jofré outlined potential implications of the Security Exchange Commission's (SEC) proposed token relief measures for crypto firms and digital asset projects. While the SEC has not yet confirmed any such initiative, Jofré explains that if implemented, it could help clarify the distinction between security tokens and true utility tokens. "If the SEC provides relief, it could introduce clearer criteria, helping differentiate tokens primarily used for access to a service or platform from those structured as equity substitutes," Jofré stated.