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SEC Chairman Announces Major Initiatives to Adapt to Cryptocurrency Development

Summary: According to reports, the SEC has instructed the commission to develop criteria for determining whether crypto tokens are securities, and to provide market participants with innovative exemptions and clear regulatory guidance. The newly established 'Project Crypto' will drive the modernization of securities regulations and swiftly implement the White House's recommendations for federal support of digital ...

According to reports, the SEC has instructed the commission to develop criteria for determining whether crypto tokens are securities, and to provide market participants with innovative exemptions and clear regulatory guidance. The newly established 'Project Crypto' will drive the modernization of securities regulations and swiftly implement the White House's recommendations for federal support of digital asset trading.

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