Chainlink praises SEC’s guidelines, setting stage for crypto integration in institutional finance
The US Securities and Exchange Commission (SEC) has issued fresh guidance that could facilitate broader institutional use of digital assets.
In a May 15 updated FAQ, the agency addressed how existing securities laws apply to broker-dealers and transfer agents involved in crypto services.
Commenting on the development, SEC Commissioner Hester Peirce noted that the guidance is “incremental, not comprehensive,” signaling that broader regulatory updates are still underway.
She added:
“Many of the responses to these FAQs should not be controversial, as they simply reiterate what our rules already say or do not say.”
Meanwhile, Chainlink welcomed the update, calling it a significant step forward because it addresses long-standing concerns…
