CTF Written Submission

Re: Written Input to the SEC Crypto Task Force

July 7, 2026
  • The SEC should require an implementation-verification layer for digital asset frameworks, ensuring that custody, reserves, tokenized-asset backing, customer-asset segregation, security status, trading integrity, adviser accountability, cybersecurity, sanctions exposure, and market reliance are all independently verified before market-wide reliance is permitted.
  • Regulatory clarity alone is insufficient; operational assumptions underlying digital asset market structures must be proven and verified to protect investors, issuers, exchanges, custodians, broker-dealers, advisers, DeFi platforms, wallets, payment systems, and federal agencies.
  • A fixed-scope Digital Asset Market Implementation Verification Screen should be established to identify unverified assumptions, missing evidence, responsible parties for verification, and residual risks in custody, reserves, tokenization, trading, cyber, consumer, adviser, cross-border, sanctions, and market integrity before regulatory frameworks become binding.
     

Last Reviewed or Updated: July 7, 2026