Last Friday the Securities and Exchange Commission (SEC) held its first Crypto roundtable. During a speech at the DC Blockchain Summit yesterday, Commissioner Hester Peirce discussed some of the takeaways from Friday’s event.
One was the need for the Commission to consider crypto transactions separately from assets.
“Many crypto assets themselves are not securities, but primary offerings of crypto assets for capital raising purposes are securities transactions. Accordingly, staff is open to inquiries about how to conduct such offerings as either registered or exempt transactions. And the Task Force welcomes well-reasoned requests for no-action letters or exemptive relief,” she said. Commissioner Peirce leads the Crypto Task Force.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
