Din crypto value
As part of its careful stance on cryptocurrency assets, the SEC has yet to introduce disclosure standards tailored specifically to crypto enterprises. A footnote in Gensler's statement argues that Coinbase's own petition repeatedly refers to "digital asset securities" and the SEC's authority over them, "thus acknowledging that crypto assets can be offered and sold as securities and subject to oversight by the SEC. Cryptocurrency issuers, just like other investment issuers, must disclose their corporate governance practices, including the composition of their board of directors, executive compensation, and auditor independence in their filings. The SEC has a broad set of regulatory tools that can be tailored to address the unique characteristics and challenges posed by cryptocurrencies. Edited by Nikhilesh De.