SCOTUS Breaks SEC Monopoly: States Can Prosecute Crypto Exchanges for Unregistered Securities
Supreme Court Signals New Crypto Frontier The Supreme Court just rewrote the federal-state battlefield over digital-asset regulation, ruling that states may prosecute crypto exchanges for unregistered securities even while the SEC pursues parallel civil claims. The decision cracks open the door to aggressive state-level enforcement, forcing platforms to navigate two sovereign masters instead of one….
