Supreme Court Narrows SEC Reach on Crypto, Rejects Token-By-Token Regulation
COURT SLAMS SEC FOR OVERREACH ON EXCHANGE-TRADED CRYPTO The Supreme Court just reversed a lower court ruling that had allowed the SEC to classify major crypto trading platforms as unregistered securities exchanges. The justices held that merely facilitating spot trading in digital assets does not automatically trigger broker-dealer registration or exchange rules, handing crypto exchanges…
