TechFlow news: SEC enforcement chief Gurbir Grewal said at a recent event that the commission has taken a "deliberate and step-by-step" approach when handling actions related to the crypto space, but this method has failed to address what regulators see as unregistered securities offerings.
"Even if you put forth a specific set of rules, when the industry's ethos is built on non-compliance, you typically expect to see compliance behavior—but we haven't seen that in this space, so we've had to change our strategy," Grewal said.



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