Odaily News The U.S. Securities and Exchange Commission (SEC) has launched a new cryptocurrency working group website. According to the website, the cryptocurrency working group aims to clarify the application of federal securities laws to the crypto asset market and propose practical policy measures to promote innovation and protect investors. The crypto working group works with Commission staff and the public to help develop new approaches to crypto asset regulation. The crypto working group will help draw clear regulatory boundaries, appropriately distinguish between securities and non-securities, develop a tailored disclosure framework, provide a practical registration path for crypto assets and market intermediaries, ensure that investors have the information they need to make investment decisions, and ensure that law enforcement resources are wisely deployed. (Jinshi)
