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Fox Reporter Explains: SEC Will Not Let Go of Cryptocurrencies in 2025! Will Prioritize Investigating Bitcoin and Ethereum!

Fox Reporter Explains: SEC Will Not Let Go of Cryptocurrencies in 2025! Will Prioritize Investigating Bitcoin and Ethereum!

BitcoinsistemiBitcoinsistemi2024/10/22 18:42
By:Elif Azra Güven

Fox Business reporter Eleanor Terrett shared that the SEC will continue its investigations into the cryptocurrency sector in 2025.

Fox Business reporter Eleanor Terrett shared that the SEC will continue its investigations into the cryptocurrency sector in 2025.

Sharing from the X account, Terrett said that the SEC included the cryptocurrency sector in its list of investigation priorities in 2025, despite the absence of major crypto participants registered with the Commission in 2024.

Accordingly, the SEC announced that it has included crypto assets in the list of priority issues to be examined in 2025.

It was reported that the only crypto asset products that could be interacted with according to the SEC's priority list are spot Bitcoin (BTC) and Ethereum (ETH) ETF products.

According to the shared document, the SEC wrote:

“The SEC continues to monitor the proliferation of investments involving crypto assets and related products and services.

Given the volatility and activity involving crypto-asset markets, the SEC will continue to monitor and, where appropriate, investigate registered persons providing crypto-asset-related services.

Registrants' reviews will focus on offerings, sales, recommendations, advice, trading, and other activities involving crypto assets offered and sold as securities or related products, such as spot Bitcoin or Ethereum ETFs.

“We will continue to evaluate the practices of registered persons to address the technological risks associated with the use of blockchain and distributed ledger technology, including risks to the security of crypto assets.”

🚨NEW: A year on, the @SECGov includes #crypto in its list of 2025 exam priorities despite no major crypto participants having registered with the Commission in 2024.

The only crypto assets I can think of that the SEC has interacted with in a regulatory role, not an enforcement… https://t.co/ky6Mf7jvsJ pic.twitter.com/aoVvD9QrqF

— Eleanor Terrett (@EleanorTerrett) October 22, 2024

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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