CTF Written Submission

TDC - Crypto Lending Letter Response

July 25, 2025
  • The Commission should only exercise jurisdiction over transactions that include lending of securities and should clarify what assets are and are not securities.
  • The Commission should take a balanced approach, mindful of the impacts of regulation on the development of technology and the limits of its jurisdiction.
  • The Commission should establish clear and workable guidelines around disclosure, collateral treatment, and capital requirements for crypto lending platforms.

Last Reviewed or Updated: July 28, 2025