In this comment letter to the Securities and Exchange Commission (SEC), the CAQ responds to the SEC’s proposed rules titled Regulation Crypto Assets. The CAQ continues to support the SEC’s objective of providing regulatory clarity related to crypto assets. Given our role, our comments are primarily focused on the aspects of the proposed rules that impact auditors. Specifically, we offer views on the assurance requirements of financial statements for entities utilizing the fundraising exemption and accounting and auditing considerations for crypto asset issuers.
Read the full comment letter here.