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The week in GRC: SEC outlines crypto oversight rules and draws up voluntary quarterly reporting proposal

The week in GRC: SEC outlines crypto oversight rules and draws up voluntary quarterly reporting proposal

This week’s governance, compliance and risk-management stories from around the web

This week’s governance, compliance and risk-management stories from around the web

– US regulators have taken a major step toward clarifying cryptocurrency oversight, as SEC chairman Paul Atkins outlined a new framework to define when digital assets fall under securities laws.

In comments made earlier this week, Atkins said the SEC is introducing a ‘token taxonomy’ to classify crypto assets and end years of regulatory uncertainty over whether they qualify as securities. The framework distinguishes between different categories of tokens, with only those deemed ‘digital securities’ subject to federal securities rules.

Atkins also proposed a…

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