SEC Adds Cryptocurrencies to 2025 Exam Priorities Lists
The US Securities and Exchange Commission (SEC) has announced its inclusion of crypto assets in its list of examination priorities for 2025.
This move suggests the SEC’s intention to increase oversight and regulation of digital assets, despite facing criticism from industry leaders and politicians.
The decision was made shortly after the SEC issued a Wells Notice to Crypto.com, prompting the exchange to file a lawsuit in an effort to protect the US digital asset industry.
Crypto.com accused the SEC of creating an “unlawful” rule that categorizes all crypto trades, except for those involving Bitcoin and Ether, as securities transactions.
The examinations will focus on activities involving crypto assets that are offered and sold as securities or related products, such as spot Bitcoin or Ether exchange-traded funds.
The SEC stated that these examinations will ensure that registrants are following their codes of conduct when recommending or advising consumers on crypto assets, particularly in cases where users are retail-based and investments involve retirement assets.
