Evan J. Goldsholle

1 month ago | mondaq.com | Tiffany Smith |Andrew Davies |Evan J. Goldsholle

On February 27, the staff of the Division of Corporation Finance (the "Staff") of the Securities and Exchange Commission ("SEC" or "Commission") released a statement concerning meme coins ("Statement") with the stated purpose of providing "greater clarity" to market participants.1 The Statement contains a description of meme coins, and the Staff ultimately concludes that transactions in "the types of meme coins described in this statement" do not involve the offer and sale of securities.2 As...

2 months ago | jdsupra.com | Evan J. Goldsholle |Daniel Martin |Tiffany Smith

On January 21, 2025, the Securities and Exchange Commission (SEC) under Acting Chairman Mark T. Uyeda launched an agencywide “Crypto Task Force” dedicated to developing a comprehensive and clear regulatory framework for crypto assets.1 The Task Force will be led by Commissioner Hester Peirce. The new Task Force signals a widely anticipated shift under new SEC leadership to more regulatory engagement with the crypto industry.