There are those in the crypto sphere who, despite the strong warnings of several federal agencies, believe there can be no enforcement without crypto specific regulation. This is not the case. There are also those who believe that just because a federal agency has not yet commenced an enforcement action against a particular practice, that practice is permissible. This is not the case either. While cryptocurrency, and digital assets more broadly, are so far-reaching and innovative as to necessitate the continued development of more specific regulations and legislation, digital assets are already governed by various existing regulations and acts.
‘Enforcement 40’ for 2020
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