At the DC Blockchain Summit, Summer Mersinger, Commissioner of the US Commodity Futures Trading Commission, stated that the CFTC and SEC must collaborate to establish a framework for the classification of digital tokens. In the words of Kristin Johnson, another Commissioner of the US Commodity Futures Trading Commission, legal terms are crucial to the market, and “exceptionally critical to the market participants knowing what their obligations responsibilities are, as well as to the agencies actually understanding the limitations of their enforcement authority, the limitations of their ability…