SEC (Securities and Exchange Commission)

SEC is an acronym for Securities and Exchange Commission. The SEC is an American authority with the purpose of protecting investors, maintaining fair, orderly and efficient markets and facilitating capital formation. The SEC “strives to promote a market environment that is worthy of the public’s trust”. In cryptocurrency, the SEC’s most important function to date has been to determine whether a certain issued cryptocurrency is a “security” or not for the purpose of capital markets laws.