SEC to address growing crypto issuer filings with specialized offices By Cointelegraph

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SEC to address growing crypto issuer filings with specialized offices

In light of the influx of filings from cryptocurrency issuers in the United States, the Securities and Exchange Commission (SEC) decided to set up two new offices this fall to provide specialized support to the seven offices currently responsible for reviewing issuer filings.

Under the Division of Corporation Finance’s Disclosure Review Program (DRP), the SEC announced plans to add two offices — an Office of Crypto Assets and an Office of Industrial Applications and Services — purely focused on dealing with crypto assets and industrial applications and services, respectively.

Snippet from MicroStrategy’s SEC filing. Source: SEC.gov