In this episode of Crypto Exchange, Ethan Ostroff and Alexandra Barrage are joined by partners Joanna Cline and Jay Dubow to discuss the evolving landscape of the SEC’s enforcement actions involving cryptocurrencies.

The episode highlights the demand for clear regulatory guidelines in the digital asset space, particularly regarding the classification of tokens and cryptocurrencies as securities. The recent establishment of the SEC’s cryptocurrency task force and public statements from key figures, including SEC commissioners and the newly nominated SEC chair Paul Atkins, signal a potential shift in regulatory approach.

The discussion covers the SEC’s historical reliance on enforcement actions, the impact of recent administrative changes, and the anticipated role of the task force in providing a comprehensive regulatory framework.

Additionally, the episode explores the broader implications of these developments, including potential legislative recommendations and the interplay between various regulatory bodies.

Transcript: Navigating 2025: The SEC’s Evolving Role in Cryptocurrency Enforcement (PDF)