SEC crypto rules, tariff trouble, Circle IPO
Today’s edition of the weekly recap covers multiple announcements from the U.S. Securities and Exchange Commission (SEC), Circle’s initial public offering and the fallout of President Trump’s tariffs.
SEC to revisit guidance on digital assets, security laws
- Acting SEC Chair Mark T. Uyeda has instructed agency staff to review multiple prior statements on cryptocurrency investment and securities laws, in alignment with Executive Order 14192 aimed at deregulation.
- This includes revisiting guidance on determining whether digital assets are securities under the Howey test, which has been a contentious legal issue, and a 2021 warning about Bitcoin (BTC) futures investments in mutual funds due to their…
