A recent SEC roundtable brought together proponents and critics to debate the regulation of crypto assets. The discussion centred on how to classify these assets, particularly whether they qualify as securities under existing laws. Points of contention included the applicability of the Howey Test and the potential impact of SEC oversight on the burgeoning crypto industry. While some argued for strict regulation to protect investors, others advocated for a more nuanced approach considering the unique nature of digital assets and the roles of other regulatory bodies. The event highlighted the deep divisions and complex legal questions surrounding the future of crypto regulation in the United States.
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