Leading crypto businesses committed to creating practical tools to help comply with the U.S. securities laws.
WHO WE ARE
The Crypto Rating Council is a diverse group of leading crypto businesses committed to the responsible growth and maturation of cryptocurrency markets and related financial infrastructure and trading services.
We formed the Crypto Rating Council to create a framework to seek to consistently and objectively assess whether any given crypto asset has characteristics that make it more or less likely to be classified as a security under the U.S. federal securities laws.
At the core of the Crypto Rating Council is our rating framework, a points-based rating system built upon a set of factual questions that assess each element of the Howey test, a legal test for investment contracts that courts may use to determine whether an asset is a security.
The following companies, spanning digital asset trading platforms, custodians, trading firms, and more, are members of the Crypto Rating Council:
Anchorage Digital General Counsel
“The CRC’s work shows collaboration and maturation coming from leading companies, all in service of regulatory compliance. Anchorage Digital is proud to be an early member."
Chief Legal Officer
“As the world’s largest digital currency asset manager, we look forward to helping educate the public through our engagements with the CRC. Over the last decade, regulators and policymakers have made commendable progress regulating the crypto asset class. We look forward to continued clarity on how digital assets should be treated – an issue of the utmost importance for investors and for the ongoing evolution of this asset class."
Genesis General Counsel
“The work of the Council helps guide digital currency market-makers amidst the current uncertainty around asset classification. Genesis is pleased to support the creation of a collaborative scoring framework alongside some of the most reputable companies in the industry."
“The Crypto Rating Council represents an important step in the evolution of this transformative technology in the US, and Circle is proud to be a part of it. US competitiveness in crypto—and the economic benefits it promises—depends on clearing up uncertainty about digital assets, and the Council's efforts to provide clarity should be welcomed by industry participants, innovators, lawmakers and regulators alike."
Director of the
“In order for the crypto industry to thrive in the US we need a clear regulatory environment. Until that time, we’re pleased that industry is collaborating closely on the Crypto Rating Council, giving entrepreneurs and investors the tools to understand the appropriate, current regulatory regime."