FAQ - Regulatory Questions
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Regulatory Questions
Why are cryptocurrency regulated?
Cryptocurrencies are highly scrutinized by the Securities and Exchange Commission (SEC). The SEC oversees the purchase and sale of any asset that it considers to be a “security.” The SEC is, at its core, a consumer protection agency that requires sales to US parties of investment assets that are securities to be regulated in a way that protects the public. If a cryptocurrency is not deemed a “security,” then the SEC does not regulate it.