The cryptocurrency working group seeks to provide clarity regarding the application of federal securities laws to the cryptocurrency asset market and to recommend practical policy measures aimed at fostering innovation and protecting investors.

The cryptocurrency working group collaborates with agency staff and the public to help chart a new approach to regulating cryptocurrency assets. The focus of the cryptocurrency working group will include assets commonly known as digital assets, cryptocurrency assets, cryptocurrencies, digital currencies, tokens, as well as protocols. The cryptocurrency working group will help delineate clear regulatory lines, appropriately distinguish between securities and non-securities, craft tailored disclosure frameworks, provide realistic pathways for the registration of both cryptocurrency assets and market intermediaries, ensure that investors have the necessary information to make investment decisions, and ensure that enforcement resources are utilized wisely.