“The SEC is a regulator that requires transparency from its registrants, but it is continuing to withhold regulatory clarity by not defining digital assets,” said Anne-Marie Kelley, a partner at Mercury Strategies who was a longtime SEC official. She suggested the commission may have deleted the definition because “any recognition of digital assets uniqueness as a novel product weakens their litigation stance that digital assets are securities and subject to the SEC securities laws.”
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- Source: https://www.coindesk.com/policy/2023/05/03/us-sec-changes-its-mind-on-officially-labeling-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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