SEC grappling with Cryptocurrency Investment questions

Cryptocurrency North America United States
Washington Monument

The U.S. Securities and Exchange Commission (SEC) investment management office director Dalia Blass said that the commission is considering a number of questions with regards to the recently registered funds that plan to hold cryptocurrencies including how to distinguish different types of assets and whether enough information is provided to potential investors.

“We also continue to think about new innovations in asset management. For example, we have seen several filings for registered funds that would hold cryptocurrency, ” she stated, adding that “As with any new product, there are questions to ask.”

Other issues the agency is grappling with include the way the new funds fit into existing regulations and what regulations to apply to those new funds

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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