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Whether guidance or a proposed rule emerges, a key question likely to be answered is who can hold crypto assets?
'Many of these tokens… are potentially non-compliant,' Chairman says
"The continuing refusal of the SEC to approve a spot bitcoin ETP is puzzling to many agency observers"
Court challenge a near certainty, while some wonder whether crypto is Chairman's target
"I think it’s important to shine light on these markets before any future such tremors arise"
The SEC's Division of Enforcement will nearly double the size of its newly renamed Crypto Assets and Cyber Unit
"Crypto may offer new ways for entrepreneurs to raise capital and for investors to trade, but we still need investor and market protection"
"If innovation is to thrive in a regulated space, regulation needs to leave room for experimentation, tinkering, and, yes, failure"
Advocate sees sign of industry's maturity
Peirce worries enforcement action may harm very investors it's designed to protect