Attorneys General Submit Response to SEC Request for Information on Cryptocurrency, Digital Assets

Attorneys General Submit Response to SEC Request for Information on Cryptocurrency, Digital Assets
A coalition of 21 U.S. state attorneys general responded to the U.S. Securities and Exchange Commission (SEC) on October 23, addressing the agency’s request for public input relating to cryptocurrency regulation.
They emphasised the need for any federal regulatory action to respect existing state consumer-protection laws and asked the SEC to avoid initiatives that might undermine state oversight. The move underscores the complex interplay of state and federal jurisdiction in the regulation of digital assets.