SEC Includes Crypto on Its List of 2025 Exam Priorities

The U.S. SEC signals a push for more oversight and regulation of crypto in 2025.

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  • The SEC has added crypto to its 2025 priority list.
  • The regulator will continue to monitor the industry and conduct examinations.
  • These examinations will focus on specific areas.

The U.S. Securities and Exchange Commission (SEC) has reportedly added crypto assets to its list of exam priorities in 2025, signaling its push for more oversight and regulation of digital assets despite criticism by industry leaders and politicians.

The development came barely two weeks after the regulator served Crypto.com with a Wells Notice, which the exchange countered with a lawsuit to โ€œprotectโ€ the digital asset industry in the U.S. Crypto.com accused the SEC of establishing an โ€œunlawfulโ€ rule that classified nearly all crypto trades besides Bitcoin and Ether as securities transactions.

The SEC Crypto Plan in 2025

According to a document shared by FOX Business journalist Eleanor Terrett on October 22, the SEC plans to continue monitoring the crypto industry in 2025 and conducting examinations of registrants offering digital asset-related services when it deems them โ€œappropriate.โ€

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โ€œExamination of registrants will focus on the offer, sale, recommendation, advice, trading, and other activities involving crypto assets that are offered and sold as securities or related products, such as spot Bitcoin or Ether exchange-traded funds,โ€ the document read.

The SEC said the examinations would assess whether the registrants met and followed their respective codes of conduct when recommending or advising consumers on crypto assets, especially in cases where users are retail-based and investments comprise retirement assets.

Additionally, the SEC plans to examine if crypto service providers review, update, and enhance their compliant practices for custody, valuation procedures, and the Bank Secrecy Act (BSA). If needed, examinations at this stage will also extend to operational resiliency practices, such as data integrity and business continuity plans.

Stay updated on Rippleโ€™s prolonged legal battle with the SEC:
Ripple vs SEC: What Is Form C, and What Does It Mean for XRP?

Read about Komainuโ€™s first acquisition:
Nomura-Backed Komainu Eyes Propine Acquisition in Singapore

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga is a crypto reporter at DailyCoin covering breaking news. Brian has minor holdings in Bitcoin and Ethereum.

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