While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their conduct more favorably if they come in — such as what the remedies will look like.”Cryptocurrency companies that self-report violations of security laws to the U.S. Securities and Exchange Commission cannot expect amnesty but there are some benefits, Gurbir Grewal, the agency’s enforcement director, told Reuters Monday.
SEC Chairman Gary Gensler has repeatedly urged companies in the crypto space to come in and discuss their products with the SEC to bring them under the securities laws.The Nasdaq-listed cryptocurrency exchange Coinbase, for example, brought their lending product to the SEC last year. However, the SEC
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