NASAA Urges SEC to Scrap Crypto Rule Plan
The North American Securities Administrators Association has called on the United States Securities and Exchange Commission to scrap a proposed crypto rule plan.
The North American Securities Administrators Association (NASAA) has officially urged the United States Securities and Exchange Commission (SEC) to scrap a proposed crypto rule plan, according to Wealth Management.
Regulatory Opposition
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The intervention by state securities regulators adds to the ongoing policy debate surrounding federal oversight of digital assets. NASAA's call targets a specific rule plan currently under consideration by the federal agency, though further details regarding the text of the proposal were not outlined in the initial report.
Key facts
- NASAA urged the SEC to scrap a proposed crypto rule plan.
- The request comes from the North American Securities Administrators Association.
- Reporting on the regulatory development was provided by Wealth Management.
Source: news.google.com
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