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Setting a digital agenda

Setting a digital agenda

The SEC wants clearer rules as cryptocurrency trading heats up

“The most important point is investors should have savings; they should not be borrowing money for investment.” — Ruenvadee Suwannamongkol, Secretary-general, SEC

The Securities and Exchange Commission (SEC) is putting cryptocurrencies and digital assets on the top of its agenda this year, urgently seeking a concrete direction for the regulation of emerging assets in an effort to support skyrocketing trade volume and to protect lawful users and the public.

The SEC plans to raise these issues at what it calls a “retreat session” with the board of directors, scheduled for the second quarter this year to discuss the country’s digital asset ecosystem, including…

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