Skadden Discusses New Senate Crypto Bill Limiting SEC Regulatory Role

The CLS Blue Sky Blog

Alexander C. Drylewski David Meister Daniel Michael Chad E. Silverman Daniel Merzel Jon Concepción

Partners David Meister and Chad Silverman and counsel Daniel Merzel discuss a bill recently introduced in the U.S. Senate that seeks to grant oversight responsibility for most forms of cryptocurrency to the CFTC, contrary to the SEC’s position that nearly all digital assets are securities within its jurisdiction.