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Thursday, November 30, 2023

SEC States It’s Clear Securities Rules Apply to Crypto. However Is It That Clear?

Digital properties have actually developed a jurisdictional pull of war in between the U.S. Securities and Exchange Commission (SEC) and the Product Futures Trading Commission (CFTC) over whether cryptocurrencies must be controlled as products or securities On the 3rd fictional side of that rope sit those who state cryptocurrencies are neither, and require brand-new custom guidelines.

While the SEC stands its ground that existing securities guidelines use to cryptocurrencies which no extra rulemaking is needed, the commission’s often selective enforcement actions continue to sustain confusion.

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