It is understood that The U.S. Securities and Exchange Commission may propose new rules for crypto assets at a public meeting on Friday.
According to investment bank TD Cowen, the SEC are poised to discuss new Crypto Regulations during their Friday meeting. The proposal is expected to establish a tailored offering regime aimed at providing regulatory clarity for certain investment contracts involving crypto assets without forcing issuers into an onerous securities regulatory or litigation risk path.
Written by Steven Cook
Regulation Desk