Bitcoin 
$68,156 (BTC) price dropped to $67,000 and we are seeing a new rapid decline after the rapid rise. The latest document published by the SEC mentions that companies doing crypto business will also be subject to comprehensive inspections. There are many topics that the institution will examine. cryptocurrency What kind of inspections will be carried out on companies providing services?
SEC and Crypto Audit
2025 audit priorities document has just been published SEC Published by. There are very important details here. First of all, we get the message from this document that the institution’s tight stance on crypto will continue next year even if Gensler leaves. Apart from this, we will see that US companies doing crypto business are examined in many articles. These may eventually turn into lawsuits.
So what to look for?
- Are crypto recommendations given in accordance with the customer profile and interests?
- Are the risks of crypto products offered to customers accurately identified and customers informed?
- Do institutions comply with SEC recommendations and relevant legislation on issues such as storage, purchase and sale of crypto assets?
- Are the cyber security measures of crypto service providers sufficient?
- What is the capacity of crypto service providers to cope with operational risks?
- Are AML and KYC processes implemented correctly? Are suspicious transaction reports made?
- How are crypto assets vetted before being offered to customers, what is the transparency of the evaluation and what are the possible benefits of institutions from this?
- Is customer data protected in accordance with the rules?
SEC is here crypto- The entity will look at whether service providers protect customer interests. The company will examine its risks and try to detect possible problems that investors may encounter in advance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
