Modernizing Disclosure for the Crypto Industry: A Necessary Step Forward

SEC Commissioner Mark Uyeda’s call for an update to the agency’s S-1 disclosure process for cryptocurrency firms is a welcome and necessary development. The current system, designed for traditional industries, often falls short in capturing the unique complexities and intricacies of the crypto landscape. A more streamlined and relevant disclosure process would not only benefit investors but also foster greater transparency and confidence in the burgeoning crypto market.