Crypto regulation in the United States is entering a more formal phase, and the SEC’s proposed Reg Crypto is a good example of what this looks like.
For years, crypto policy has developed through enforcement actions, staff guidance, speeches, and interpretive statements. However, formal rulemaking creates a stronger framework by giving market participants a more tangible opportunity to engage with the substance of a proposal before it becomes final. Reg Crypto addresses areas including token offerings, disclosures, exemptions, and how certain crypto-related activities fit within the SEC’s regulatory framework.
For businesses building in this space, clearer rules can provide a better understanding of what they can build, how they can comply, and where regulatory responsibility sits.
Stay tuned for Part 2 next week! 👀