September was a big month for crypto regulation. Here are some of the key legal crypto developments from the past month:
In light of the above developments, the biggest theme from September is increased enforcement. There were a handful of “firsts” (first unregistered crypto broker-dealer charges, first investment company registration violation, first FINRA disciplinary charges). But we’re also seeing continual pressure on regulators to update guidance and create safe harbors for uncertainties, which would both promote the overall growth of the industry.
CryptoCurrents is managed by Reginald Young, a licensed attorney in San Francisco, California that works with investment funds and startups in the crypto industry. You can connect with him here.