“The cryptocurrency industry is rapidly expanding with some industry lobbyists insisting that their offerings and platforms fall outside the securities laws and regulations,” Better Markets, a Washington-based group advocating for tougher protections in the financial system, wrote in a comment letter last year. “But clearly, the commission must apply securities regulation equally to all securities regardless of how novel, ‘innovative,’ popular, or profitable such offerings may be.”
Source: https://www.coindesk.com/policy/2023/04/14/us-sec-poised-to-move-toward-defi-oversight-as-it-reopens-proposed-regulations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines