In this episode of The Crypto Exchange, Troutman Pepper Partners Ethan Ostroff and Keith Barnett welcome their colleague Jay Dubow to discuss recent updates in the crypto space related to activities by regulators on the state and federal level around questions involving securities. Jay, who formerly worked as a branch chief in the SEC's Division of Enforcement, provides a unique perspective and insight into our conversation surrounding crypto and the SEC.

Ethan, Keith, and Jay also discuss possible enforcement actions by the SEC in the crypto space that our listeners should pay attention to in the coming months, as well as what companies in this space should consider when trying to figure out whether they need to register under federal and state securities laws.