
What If Regulators Wrote Rules for Crypto?
Markets Outlook
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SEC Enforcement Action Settlement Orders on Crypto Assets
Crypto asset securities were left without a clear path to non-security status or liquid secondary markets in the US. The SEC has recognized that crypto assets may evolve to shed their investment contract skin over time. At least one issuer followed this approach by offering a crypto asset as a security, and then later filing an exit report,. declaring the crypto asset to no longer be a security.
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