[olivermarks]

Jay Clayton

'1] This statement is my own and does not reflect the views of any other Commissioner or the Commission. This statement is not, and should not be taken as, a definitive discussion of applicable law, all the relevant risks with respect to these products, or a statement of my position on any particular product. '

Intriguing that this is a personal perspective....

[allenz]

It isn't yet practical for the SEC to regulate crypto formally because the industry is still in its early stages and evolving rapidly. The SEC needs to balance many interests, and it's not clear what the costs and benefits will be.

[wmf]

Translation: I'm not allowed to officially say that all of this stuff is illegal, but... you should ask if it's legal.