The SEC votes this week on "Regulation Crypto," its first formal crypto rulemaking. This is a direct response to the Senate's failure last week to advance the Clarity Act, which aimed to define SEC and CFTC crypto oversight.
Our read: The SEC is seizing control of US crypto regulation. This isn't collaboration; it's about establishing jurisdiction with rules harder to reverse than past policy statements. Expect a tailored offering regime for certain investment contracts, providing an SEC-defined path for legal issuance. The agency isn't waiting for Congress.
Would you prefer the SEC or Congress to set crypto rules? $BTC
Our read: The SEC is seizing control of US crypto regulation. This isn't collaboration; it's about establishing jurisdiction with rules harder to reverse than past policy statements. Expect a tailored offering regime for certain investment contracts, providing an SEC-defined path for legal issuance. The agency isn't waiting for Congress.
Would you prefer the SEC or Congress to set crypto rules? $BTC