SEC Commissioner Urges Tailored S-1 Form for Digital Asset Registration

SEC commissioner Mark Uyeda has suggested that a tailored version of the S-1 form should be created for registering digital assets. Uyeda is one of the few supporters of the crypto industry within the SEC, unlike SEC Chair Gary Gensler. Speaking at the Korea Blockchain Week in Seoul, Uyeda stated that the current form does not adequately cater to digital assets and other unconventional financial products, and the regulator has not done enough to support them.