In 2018 TechCrunch conference took place in San Francisco USA between Sept. 5-7 hosted top-class people among Szczepanik being disrupt, featuring SEC Senior Advisor for Digital Assets and Innovation.
Journalist John Biggs anchored the session quizzed Valerie Szczepanik on what the stand of the United State on cryptocurrency, and if Securities and Exchange Commission (SEC) is a chief in this position. Saying despite chains of enforcement issued by the body, Senior Advisor replied. US SEC in terms of Crypto regulation is leading. Added that enforcement was implemented to mitigate cases sending malicious messages.
“We are actively engaging with entrepreneurs and practitioners through these meeting in a way that we’ve never seen before at the commission, it’s really an open door policy,” she stated.
She averred that the SEC has started partnering with other regulatory and law enforcement in the country and beyond, in another statement.
“… and I think each jurisdiction has its own regime to deal with and its own laws to deal with and some jurisdictions are more discreet or they have one financial regulator for the entire ball of wax. That’s not the case in the United States.”
Valerie said while SEC connects financial realtors across the country, other countries around the world are looking up to the US for Crypto regulations and knowledge. Making US the top country.
Raising funds through Initial Coin Offering [ICO] is a good idea in the country, Valerie said.
Companies meet with the SEC to run an ICO, and it is conducted by doing a registration statement or ICO pursuant is a way that is not a security. She implored companies which want to embark on ICO to raid dough to approach competent security counsel or SEC.
