What in the world is going on with crypto regulation? dlawant and purvi_maniar of falconxnetwork provide a concise snapshot in Crypto for Advisors. crypto regulatory blockchain
Q: My U.S. clients have already invested in crypto, but are worried about whether it’s legal. How can I help them?You can start with some education for your clients regarding regulations. Unfortunately, in the U.S. we have less regulatory clarity than virtually anywhere else in the world when it comes to crypto assets. The need for clarity falls to many regulatory bodies – the SEC, IRS and Treasury Department, mainly.
For now, we’re sure bitcoin is not a security. Everything else is up for grabs, and the answer for any individual asset may be more nuanced than a simple “yes or no.”
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