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SEC Publishes a Flurry of Crypto-related Statements Aimed at Regulatory Clarity
The Securities and Exchange Commission (“SEC”) published a Frequently Asked Questions (“FAQs”) page focusing on trade and settlement issues, requested feedback on how to improve the crypto regulatory landscape for alternative trading systems (“ATS”) and exchanges trading crypto assets (securities and non-securities), and published staff guidance on the application of Exchange Act Rule 15c3-3’s “possession and control” requirement to crypto asset custody….
By: Jones Day