SEC Commissioner Uyeda Says Asia More Advanced in Crypto Rules

The SEC’s current approach to regulating crypto is far less advanced than Asian peers, SEC Commissioner Mark Uyeda said at a conference organized by the Alternative Investment Management Association in Hong Kong on Thursday.

• SEC could do much more in addressing the key question of whether a crypto asset is a security and when it needs to be regulated, said Uyeda
  • “Participants have been forced to struggle with this analysis and decipher SEC views from various settled enforcement actions and litigation in the courts,” he said
  • “The US cannot bury our heads in the sand about the growing benefits and ...