· Mark T. Uyeda · U.S. Securities and Exchange Commission WikiRemarks at the Crypto Task Force Roundtable on Crypto Trading
Read full speech on sec.gov ↗ContextSpeech by Mark T. Uyeda, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe acting SEC chair floats a federal licence for crypto trading to replace the state patchwork.
Problems raised
- Crypto trading grew outside federal oversight.
- State licensing risks a patchwork of rules.
- Securities rules hinder trading of tokenized securities.
Solutions proposed
- Consider a single federal licence for crypto trading.
- Adapt rules for brokers and exchanges.
- Offer time-limited conditional exemptions meanwhile.