Davis Polk partner Robert Cohen was quoted in Politico discussing the SEC’s enforcement actions against companies in the cryptocurrency space. Robert noted that the SEC has taken an active approach to crypto enforcement since 2017 and that it is no surprise that it has continued under the Biden administration. He also added that “a question going forward is whether there will be progress on rulemaking and guidance for the community that provides the clarity and certainty needed to operate within the SEC’s regulatory system.”

“‘Massive wake-up call’: Crypto faces growing legal crackdown,” Politico (August 17, 2021) (subscription required)