US SEC issues no-action letter on compressed digital asset settlement process
In issuing a no-action letter, the SEC took a more nuanced position on virtual assets.
![US SEC issues no-action letter on compressed digital asset settlement process](../images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9jYTliNjA1N2FlZWIwNzdlODI5ZWI1MjM2YTE3MjMyMy5qcGc-.jpg)
In issuing a no-action letter, the SEC took a more nuanced position on virtual assets.