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(Kitco News) - The US Securities and Exchange Commission (SEC) has revealed the next phase in its efforts to ramp up cryptocurrency regulation with the launch of the Office of Crypto Assets, which is expected to streamline the review process of documents submitted to the SEC by crypto firms.
The SEC announced the new office on Friday, which will be housed under the Division of Corporation Finance's Disclosure Review Program (DRP) and will focus on scrutinizing company filings.
2022 has seen a notable increase in enforcement actions by the SEC, which has moved to enhance its oversight of the digital asset industry throughout the year amid several high-profile project collapses and falling token prices.
In May, the agency disclosed the formation of a Crypto Assets and Cyber Unit under its Division of...
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https://www.kitco.com/news/2022-09-12/SEC-to-establish-an-Office-of-Crypto-As...
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