• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

SEC to Set up Specialized Unit for Crypto Issuer Filing

in Blockchain
Reading Time: 3 mins read
SEC to Set up Specialized Unit for Crypto Issuer Filing
14
VIEWS
Share on Facebook

 

The US Securities and Exchange Commission (SEC) will create dedicated offices to deal with filings related to the life science sector and cryptocurrencies.

The regulator announced this development on September 9, saying the “Office of Industrial Applications and Services” and “Office of Crypto Assets” will become its newest offices.

It already has seven dedicated offices under the department that handles corporate disclosure filing, and these new offices will be under the Division of Corporation Finance’s Disclosure Review Program (DRP).

Crypto’s growth necessitated new development

The decision to create these new offices is based on the recent growth in the crypto asset and the life sciences industries and the need for more specialized support, an official of the agency said in a statement.

According to Renee Jones, the director of SEC’s DRP, “The creation of these new offices will enable the DRP to enhance its focus in the areas of crypto assets, financial institutions, life sciences, and industrial applications and services and facilitate our ability to meet our mission.”

Meanwhile, the office continues the review filings for crypto assets as done by the DRP. With the office, SEC believes that it can better focus “resources and expertise to address the unique and evolving filing review issues related to crypto assets.”

On its part, the office of Industrial Applications and Services will now handle the review of non-pharma, non-biotech, and non-medicinal products, which was previously in the purview of the office of life sciences.

SEC Chair is committed to crypto regulation

The new office shows the SEC’s commitment to regulating cryptocurrencies. SEC chairman Gary Gensler has said on several occasions that most of the cryptocurrencies in the market are unregistered securities.

He reiterated this in a speech delivered on September 8, saying that “Offers and sales of these thousands of crypto security tokens are covered under the securities laws.”

Additionally, he called on cryptocurrency creators to work with the SEC to register their tokens as securities where appropriate.

“Investors deserve disclosure to help them sort between the investments that they think will flourish and those that they think will flounder. Investors deserve to be protected against fraud and manipulation,” he concluded.

For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Source link


Sign up now: Get Smarter about Cryptocurrency with our weekly Free newsletter

Do you have any questions?  Reach out to us on any other social media, we will do our best to respond After you are Following Us  🙂

Instagram ——Twitter——-Facebook——Quora

Do you like the Article?  Please share   Thank you…

**This post contains affiliate links that will help me create new content without additional cost for you **

**I’m not a financial advisor **

Here we will share some posts, that  you might like

 

Top 10 Metaverse Coins to Watch in 2022


  • Trending
  • Comments
  • Latest
Expert Bitcoin Price Predictions: From K to K in 2023, and Beyond

Expert Bitcoin Price Predictions: From $20K to $38K in 2023

1 February 2023
How Investigators Trace Crypto Criminals?

How Investigators Trace Crypto Criminals?

30 January 2023
How to trade cryptocurrency on Coinbase

How to trade cryptocurrency on Coinbase

31 January 2023
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

2 February 2023
How to trade cryptocurrency on Binance

How to trade cryptocurrency on Binance

27 January 2023
Sberbank Cover 1024x538 1

Russia’s Largest Bank to Launch Ethereum-Compatible DeFi Platform

5 February 2023
upload 7d22bc5d7be9c0d5d8f50161734559ae

KZG Ceremony Grant Round | Ethereum Foundation Blog

5 February 2023
Article Post Images 23

Bitcoin (BTC) Price to Surge 8x If This Scenario Plays Out – Here’s How and When

5 February 2023
crypto hacking

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

4 February 2023
ripple sec lawsuit

Ripple Vs SEC Update: Latest Hearing Offers Hope, XRP Gains Upper Hand

3 February 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)€21,137.33-2.57%
    BITCOIN
    24H : -2.57%
    Volume : €26,306,917,870.80
    Marketcap : €407,589,633,389.56
  • ethereumEthereum(ETH)€1,508.19-2.49%
    ETHEREUM
    24H : -2.49%
    Volume : €7,767,239,028.61
    Marketcap : €181,753,287,882.13
  • usdex-stablecoinUSDEX(USDEX)€0.995-0.96%
    USDEX
    24H : -0.96%
    Volume : €118,440.27
    Marketcap : €102,881,883,688.82
  • tetherTether(USDT)€0.9280.070%
    TETHER
    24H : 0.070%
    Volume : €35,341,306,565.44
    Marketcap : €63,160,595,854.03
  • binancecoinBNB(BNB)€300.60-2.45%
    BNB
    24H : -2.45%
    Volume : €425,931,132.49
    Marketcap : €40,601,722,514.65
  • usd-coinUSD Coin(USDC)€0.9270.0100%
    USD COIN
    24H : 0.0100%
    Volume : €2,565,708,549.10
    Marketcap : €38,918,421,499.30
  • rippleXRP(XRP)€0.371-2.59%
    XRP
    24H : -2.59%
    Volume : €933,888,976.02
    Marketcap : €18,855,772,103.33
  • binance-usdBinance USD(BUSD)€0.927-0.03%
    BINANCE USD
    24H : -0.03%
    Volume : €8,726,677,716.02
    Marketcap : €15,090,279,780.63
  • cardanoCardano(ADA)€0.364-2.02%
    CARDANO
    24H : -2.02%
    Volume : €354,775,505.53
    Marketcap : €12,756,755,303.58
  • dogecoinDogecoin(DOGE)€0.085-3.40%
    DOGECOIN
    24H : -3.40%
    Volume : €859,384,831.89
    Marketcap : €11,796,476,269.74
  • okbOKB(OKB)€41.241.19%
    OKB
    24H : 1.19%
    Volume : €24,439,238.80
    Marketcap : €10,199,365,728.85
  • matic-networkPolygon(MATIC)€1.10-4.13%
    POLYGON
    24H : -4.13%
    Volume : €567,280,089.32
    Marketcap : €9,933,446,725.83
  • shiba-inuShiba Inu(SHIB)€0.000014-2.58%
    SHIBA INU
    24H : -2.58%
    Volume : €989,533,959.18
    Marketcap : €8,016,413,698.97
  • solanaSolana(SOL)€21.46-5.13%
    SOLANA
    24H : -5.13%
    Volume : €640,509,619.92
    Marketcap : €8,014,915,958.03
  • staked-etherLido Staked Ether(STETH)€1,505.04-2.38%
    LIDO STAKED ETHER
    24H : -2.38%
    Volume : €12,579,810.79
    Marketcap : €7,611,260,847.43
  • polkadotPolkadot(DOT)€6.18-3.14%
    POLKADOT
    24H : -3.14%
    Volume : €244,255,888.68
    Marketcap : €7,425,616,261.57
  • litecoinLitecoin(LTC)€88.95-2.59%
    LITECOIN
    24H : -2.59%
    Volume : €481,433,222.38
    Marketcap : €6,423,419,058.62
  • avalanche-2Avalanche(AVAX)€18.44-5.09%
    AVALANCHE
    24H : -5.09%
    Volume : €325,754,616.09
    Marketcap : €5,821,084,541.01
  • tronTRON(TRX)€0.059-1.87%
    TRON
    24H : -1.87%
    Volume : €478,635,395.00
    Marketcap : €5,400,012,676.14
  • uniswapUniswap(UNI)€6.32-5.93%
    UNISWAP
    24H : -5.93%
    Volume : €142,322,118.82
    Marketcap : €4,779,223,412.60
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}