The Securities and Exchange Commission (SEC) Chair Jay Clayton has proposed new rules to regulate crypto assets. According to the proposal, crypto assets that are securities must be registered with the SEC in order to be legally offered and traded. The proposal also provides guidance on how to comply with applicable securities laws, including anti-fraud and anti-money laundering provisions. Additionally, the proposal seeks to provide clarity for investors on how to evaluate the risks associated with crypto assets. The new rules are intended to protect investors and promote market integrity.
