US securities regulator proposes long-awaited crypto rules | Business Information & News | FE

The U.S. securities regulator has proposed long-awaited rules for the crypto sector, according to a report originally published by Westlaw Today. The proposal marks a significant regulatory development for digital-asset markets, which have operated amid longstanding uncertainty over how existing securities laws apply to crypto-related products and activities.

In the United States, the Securities and Exchange Commission is the federal agency responsible for enforcing securities laws and regulating securities markets. Its approach to crypto has been closely watched by token issuers, trading platforms, investors and other businesses that may face questions over whether particular digital assets or transactions fall within securities regulation.

A proposed rule is not a final rule. Federal rulemaking generally involves publication of a proposal, an opportunity for public comment and further agency consideration before any final requirements take effect. The regulator’s crypto proposal could therefore become an important focus for industry participants, legal advisers and policymakers as the rulemaking process develops.