The U.S. SEC launches a new cryptocurrency working group website

The U.S. Securities and Exchange Commission (SEC) has launched a new cryptocurrency working group website. According to the webpage, the cryptocurrency working group aims to clarify the application of federal securities laws in the crypto asset market and propose practical policy measures designed to promote innovation and protect investors. The crypto working group collaborates with committee staff and the public to help develop new methods for regulating crypto assets. The crypto working group will help define clear regulatory boundaries, appropriately distinguish between securities and non-securities, establish tailored disclosure frameworks, provide feasible registration paths for crypto assets and market intermediaries, ensure that investors have the information needed to make investment decisions, and ensure that law enforcement resources are wisely deployed.