How-ey Can Get Out of Here

In this issue of Coin Metrics’ State of the Network, we’ll address some of Commissioner Pierce’s questions and demonstrate how on-chain data can clarify regulatory ambiguities.

Key Takeaways:

• Public blockchains and exchange APIs can offer real-time transparency into token ownership and trading activity, helping policymakers monitor markets and assess risks as the SEC navigates crypto regulation.

• Classifying crypto assets by their economic function and context of use provides a structured framework to supplement traditional security classifications.

• Order book data and liquidity metrics provide insight into market efficiency and help detect manipulation tactics like wash trading, aiding efforts to ensure fair and transparent markets.

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