Definition ∞ SEC regulation refers to rules established by the U.S. Securities and Exchange Commission. These regulations govern securities markets and participants, extending to digital assets classified as investment contracts or other forms of securities. The SEC’s mandate includes protecting investors, maintaining fair and orderly markets, and facilitating capital formation. Its oversight applies to token offerings, trading platforms, and other entities dealing with regulated digital securities.
Context ∞ SEC regulation is a dominant theme in U.S. crypto news, frequently driving market reactions to enforcement actions, legal rulings, or new policy statements. The ongoing debate about which digital assets constitute securities remains a significant legal and economic challenge. Future clarity from the SEC on digital asset classification will profoundly influence market structure and operational requirements for industry participants.