1 month ago
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Key Takeaways
- SEC Crypto Task Force counsel Taylor Lindman signaled rules built for on-chain markets.
- The core question: who is responsible when there is no intermediary.
- Lindman wants crypto and traditional finance under a single market structure.
- The SEC is shifting from enforcement toward formal rulemaking.
- Tokenizing existing securities, not native crypto, is the near-term focus.
Across both his Cointelegraph and CoinDesk appearances, Lindman kept returning to a single problem. Traditional securities law was built around identifiable middlemen, exchanges, brokers, clearing firms, custodians, who can be supervised and held accountable. Blockchains often remove those middlemen entirely. As Lindman framed it, when someone can deploy a smart contract and walk away, “you have to think again about, well, where is this conduct occurring and who’s responsible for it?”
That sentence is essentially the entire ...
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