CTF Written Submission

Letter to the Crypto Task Force

Feb. 23, 2025
  • The document proposes a Memorandum of Understanding (MOU) between the SEC and CFTC to facilitate developer choice among various exemptions and pathways, promoting financial privacy, immutability, and decentralization.
  • It suggests the issuance of nine exemptive releases or rule proposals within one year, targeting specific patterns of public blockchain development and disbursal, rather than classifying tokens themselves.
  • The document advocates for the use of regulatory agreements or "contracts" as a flexible sandbox mechanism, providing tailored compliance obligations and safe-harbor conditions for individual innovators.

Last Reviewed or Updated: April 3, 2025