“The SEC is a regulator that requires transparency from its registrants, but it is continuing to withhold regulatory clarity by not defining digital assets,” said Anne-Marie Kelley, a partner at Mercury Strategies who was a longtime SEC official. She suggested the commission may have deleted the definition because “any recognition of digital assets uniqueness as a novel product weakens their litigation stance that digital assets are securities and subject to the SEC securities laws.”
Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warn of Potential Downside
Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly...