Global Stock News

SEC promises crypto clarity, but will it last? – DL News

SEC promises crypto clarity, but will it last? – DL News

The Roundup

  • Paul Atkins has published guidelines for cryptocurrencies.
  • It states that Bitcoin, Ether and XRP as well as other assets aren’t securities.
  • The question is if the guidelines can survive a change in administration.

A version of this article appeared in our The Roundup newsletter on March 20. Sign up here.

Hi. Eric here.

On Tuesday, Paul Atkins gave the crypto industry a late Christmas gift.

The Securities and Exchange Commission chair issued a landmark interpretation of federal securities laws, providing long-sought clarity on which blockchain-based assets count as securities and which ones don’t.

“The SEC’s persistent failure to provide clarity in this question is over,” Atkins, a longtime crypto supporter, said in a…

Source link

Share this article

Scroll to Top