Was this content forwarded to you? Sign up here.
SEC Intensifies Crypto Oversight with New 2025 Examination Priorities.
The U.S. Securities and Exchange Commission (SEC) is stepping up its scrutiny of crypto assets in 2025, focusing on firms involved in offering, trading, and advising on these assets. The agency's Division of Examinations will monitor how crypto assets are handled as securities, ensuring compliance with standards and assessing technological risks associated with blockchain technology.
The SEC's examination priorities for fiscal year 2025 reflect the rapid growth and complexity of the crypto sector. The agency will concentrate on activities such as the sale, trading, and advising of crypto assets, including popular products like bitcoin and ether exchange-traded offerings. The Division will assess whether firms adhere to their standards of conduct, particularly when dealing with retail investors approaching retirement.
Firms are expected to update their compliance frameworks regularly, especially in areas related to crypto wallet management and custody practices. The SEC will also evaluate the technological risks associated with blockchain and distributed ledger technology, emphasizing the importance of secure platforms and technologies underpinning crypto transactions.
Report by Bitcoin News
Thanks for reading!
Please email thoughts and suggestions to hello@legalleadersmemo.com