Commentaries on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital Assets.

The Securities and Exchange Commission (SEC) on 13th May, 2022 released its guidelines for digital asset related activities titled “New Rules on Issuance, Offering Platforms and custody of Digital Assets”; in an effort to create regulation for the activities within the digital assets market. The Rules comprises five parts numbered A to E. In this article, we examine the provisions of the Rules and make recommendations for effective regulation of digital assets by the SEC.