Ninety-five of them are unclassified, and we print it
Most sites show a tidy regulatory category for every asset. That tidiness is inference, and inference printed in the same column as evidence stops being distinguishable.
Every aggregator shows a tidy category beside each asset. Currency, commodity, security, utility — a clean word in a clean column. Most of those words are guesses, and the guessing is invisible because a guess and a fact look identical once they are in a table cell.
Of the 527 cryptocurrencies on the site, a regulator has taken a position on 23. The March 2026 joint SEC–CFTC interpretation names a set of assets as digital commodities; earlier complaints allege that others are securities, which is a position taken but not a matter settled. That is the whole of the record. For the remaining 504, nobody with the authority to say has said anything at all.
Why "unclassified" is the accurate word
The alternative is to infer. Take the asset's design, compare it to the Howey test or to a definition in a statute, reach a conclusion, and print that conclusion in the same column and the same typeface as the ones that came from an actual regulator. The reader cannot tell them apart, and the site has quietly upgraded its own opinion into a fact.
Where a position does exist it is reported as someone's: the row says who took it and when, because "the SEC alleged this in a 2023 complaint" and "this is a security" are different statements, and the difference is the entire content.
The same discipline, elsewhere on the site
It applies wherever a field could be filled by inference instead of by evidence. Only 68 of the 118 have a stated purpose, so any claim about "the 118 by purpose" would be a claim about 68 with 50 quietly dropped. Chains whose hashrate cannot be established show a blank rather than a number assembled from an unverifiable source.
A blank column is a worse-looking product. It is also the only version of the column that tells you what is actually known.
A field is filled when there is a source for it, and left empty when there is not. Nothing in a table cell should be our opinion wearing a regulator's clothes.
Figures are from the data build of 21 August 2026 and move with every six-hourly refresh. The argument does not.