No crypto project has registered with the SEC and ‘lived to tell the tale’ — House committee hearing

Source: https://cointelegraph.com/news/no-crypto-project-registered-sec-lived-tell-tale-house-committee-hearing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The challenges of fitting digital assets into the current U.S. securities regulatory framework were highlighted during a House Committee hearing on April 9. Rodrigo Seira, special counsel to Cooley LLP, emphasized the inflexibility of existing securities laws in accommodating crypto-native companies seeking approval from the Securities and Exchange Commission (SEC).

During the hearing, titled "American Innovation and the Future of Digital Assets Aligning the U.S. Securities Laws for the Digital Age," Seira, along with other industry experts, discussed the limitations of the current regulatory landscape. Seira argued that the traditional securities regulatory framework is ill-suited for regulating cryptocurrencies, pointing out that many crypto projects have struggled to comply with SEC requirements.

According to Seira, the process of registering tokens under


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