CTF Written Submission

RE: SEC Crypto 2.0 Formation of New Crypto Task Force

March 24, 2025
  • The SEC should address investor protection and market structure issues involving digital asset securities facilitated by off-chain transactions on trading platforms.
  • The SEC and CFTC should jointly authorize and regulate a digital asset repository of transactions (DART) to record both on-chain and off-chain transactions and associated customer ownership.
  • The SEC should revise the Exchange Act rules to require timely reporting of all transactions deemed digital asset securities to enhance market oversight.

Last Reviewed or Updated: April 3, 2025