The US Securities and Exchange Commission (SEC) has reiterated its commitment to regulating the crypto industry in its latest report outlining Examination Priorities for 2025. The SEC will focus on firms that offer, sell, and permit the trading of crypto assets, particularly as the market for digital assets continues to grow. The regulator will assess whether registrants are meeting their legal and regulatory obligations when recommending or advising on crypto assets, with a particular emphasis on products marketed to retail investors. The SEC is also concerned with mitigating investor harm and ensuring transparency around the risks associated with crypto investments. Firms offering crypto products must comply with know-your-customer requirements and provide evidence of thorough product vetting. The SEC also demands up-to-date valuation procedures, strong cybersecurity measures, and adherence to anti-money laundering obligations. The regulator's focus on crypto assets underscores its commitment to investor protection and maintaining high standards in the evolving digital asset market. However, the priorities may change once a new SEC Chair is appointed following the resignation of Gary Gensler.
- Content Editor ( news.bitcoin.com )
- 2024-11-23
What's Next for Crypto: SEC Examination Priorities in 2025