The U.S. Securities and Exchange Commission (SEC) is examining the potential of Distributed Ledger Technology (DLT) in securities operations, with an emphasis on new disclosure guidance.
Overview of SEC's Study
The SEC is actively investigating the possibilities of utilizing Distributed Ledger Technology for issuing, trading, and settling securities. The review is conducted by the Division of Corporation Finance, which released new guidelines in April 2025 regarding crypto asset securities regulation.
Support for Updated Guidance
Commissioner Hester Peirce, who leads the Crypto Task Force at the SEC, expressed support for the updated disclosure guidance that may assist companies dealing with blockchain platforms or integrating NFTs.
> "The guidance may be helpful for companies that, for example, are developing a blockchain or integrating non-fungible tokens into video games and issuing debt or equity" — *Hester Peirce, Commissioner, SEC*.
Impact on Crypto Asset Market
While the SEC has not announced any rule changes yet, affected organizations include crypto token issuers, particularly those engaging with security-like contracts. Peirce pointed out that the SEC’s framework aims to balance regulatory requirements with fostering innovation.
The SEC continues to monitor the use cases of DLT and engages with industry participants through its Strategic Hub for Innovation and Financial Technology. Future moves by the SEC could significantly influence the structure and practices within the crypto asset markets.
