Carlton Fields Blockchain Attorney Andrew (Drew) Hinkes Quoted in Media About SEC Regulations for Cryptocurrencies
Carlton Fields blockchain and securities lawyer Andrew (Drew) Hinkes was quoted in a CQ Roll Call article about a lack of clarity surrounding U.S. Securities and Exchange Commission regulations for digital assets, particularly oversight of initial coin offerings.
“The structure of the securities laws and the often-used exemptions from the registration that’s normally required is problematic here because the crypto world has embraced so many new and innovative products and offering strategies,” Hinkes said. “A lot of these issuers only found out that they failed when a regulator gave them a call or filed an enforcement action against them.”
READ: CQ Roll Call, “Unclear regulations stymie digital asset innovation, lawyers say”