CTF Written Submission
Letter to the Crypto Task Force
May 2, 2025
- PwC emphasizes the need for a framework that identifies how the characteristics of different crypto assets (e.g., stablecoins, non-fungible tokens) determine their security status.
- PwC suggests leveraging existing public offering rules with necessary modifications for crypto assets that meet the definition of a security.
- PwC recommends expanding custody-related regulations to provide adequate investor protection for crypto assets, even if they do not meet the definition of a security.
Last Reviewed or Updated: May 2, 2025