The U.S. Securities and Exchange Commission (SEC) has officially submitted a comprehensive regulatory framework to the White House, detailing how existing federal securities laws should be applied to the cryptocurrency and digital asset markets. The document outlines a structured methodology for determining whether a digital asset qualifies as an investment contract under the established Howey Test, thereby falling under the SEC’s jurisdiction. Key components of the framework include enhanced registration requirements for crypto exchanges, standardized disclosure protocols for token issuers, and robust mechanisms for investor protection. By providing this guidance to the executive branch, the SEC aims to harmonize federal oversight and provide much-needed clarity for market participants, while simultaneously addressing concerns regarding financial stability and the prevention of fraudulent activities within the decentralized finance ecosystem.
Source: SEC submits framework to White House on applying securities laws to crypto assets
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