November 22, 2024

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Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer

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Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer

There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates.

On Aug. 31, Jeremy McLaughlin, a partner at the global law firm, noted that multiple U.S. court cases have stomped on arguments from Securities and Exchange Commission chair

“We hear the Treasurer is going to come out with regulation, [the Australian Securities and Investments Commisson] is going to do something, Senator Bragg’s bill in play,” she said.

“There are so many pieces that are still in play with no clear resolution as to when it’s going to happen. So that supports my word: ‘Lagging.’”

Magazine: Crypto regulation — Does SEC Chair Gary Gensler have the final say?

Additional reporting by Tom Mitchelhill.