The SEC will create the Crypto Assets Office

The United States Securities and Exchange Commission recently announced the creation of new departments, one of them especially to deal with cryptocurrency issues

Given the rise of cryptocurrencies in the financial markets, the United States Securities and Exchange Commission announced on September 9 that among the new departments it will create is the one dedicated to digital assets and related entities.

The regulatory body has revealed the forthcoming opening of the Industrial Applications and Services office and the Cryptoactive Office. These are two entities that will address the life sciences and cryptocurrencies sectors.

The Disclosure Review Program currently has several corporate offices, to which will be added those recently announced by the SEC, in order to provide specialized support in sectors that demonstrate permanent and accelerated growth.

SEC DRP Director Renee Jones said that “the creation of these new offices will allow DRP to enhance its focus in the areas of crypto assets, financial institutions, life sciences, and industrial applications and services and will facilitate our ability to fulfill our mission.”

With the creation of the new office on crypto assets, the regulatory body in the United States strengthens its commitment to the legal framework of digital currencies, as the president of the SEC, Garry Gresler, has assured in various statements.

M.Pino

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Source: bitcoinethereumnews

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