U.S. Securities and Exchange Commission
|U.S. Securities and Exchange Commission|
|Key People||Jay Clayton, Chair; Valerie Szczepanik, Cryptocurrency Chief|
|Products||U.S. government securities regulation|
The SEC is also one of the main U.S. government institutions tasked with the regulation of cryptocurrency trading, along with the CFTC. In June 2018, the SEC appointed Valerie Szczepanik as associate director of the Division of Corporation Finance and senior adviser for digital assets and innovation.
In July 2018, the SEC and FINRA approved Coinbase's acquisition of three companies - Keystone Capital Corp., Venovate Marketplace Inc., and Digital Wealth LLC - which enabled Coinbase to offer security tokens. The official approval from FINRA and the SEC allowed Coinbase to do so legally, under federal oversight.