Better later than never, the United States Securities and Exchange Commission finally published fresh regulatory guidance for cryptocurrency and token issuers. The SEC outlines the differences and characteristics that a token should have to be considered as security. The paper includes samples of tokens falling in security frameworks and others which do not. Obviously, all tokens that are issued should consider expectation of profits, whether a group is supporting, managing or creating a market for a cryptocurrency, and it responds to a single or at least one central group of entities are in charge of specific tasks within the network. Why? well, we can ask the SEC. Moreover, issuers should evaluate if the token works as a store of value and if it is billed as a currency.