Securities and Exchange Commission

Definition ∞ The Securities and Exchange Commission is a United States government agency responsible for protecting investors and maintaining fair and orderly markets. In the context of digital assets, the SEC plays a significant role in determining whether cryptocurrencies or other digital offerings qualify as securities, subjecting them to federal securities laws. The agency oversees exchanges, brokers, and investment advisors dealing with digital assets, aiming to prevent fraud and manipulation. Its actions and guidance have substantial implications for the development and regulation of the cryptocurrency industry within the US. The SEC’s stance influences market access and product offerings for investors.
Context ∞ The Securities and Exchange Commission is frequently in crypto news, particularly regarding its enforcement actions against digital asset companies, its review of spot Bitcoin ETF applications, and its efforts to establish regulatory clarity. Its interpretations of existing securities laws for digital assets are closely watched by market participants globally. The ongoing dialogue and legal proceedings involving the SEC are critical for understanding the future regulatory landscape for cryptocurrencies.