The traditional finance world has put its steps into crypto assets adoption. This has led to the process of legitimizing cryptocurrencies as financial products pose a myriad of risks and regulatory challenges. To counter the risk, U.S. Securities and Exchange Commission (SEC) has published an 8-page document with full details where agencies have to examine digital asset investments. Regulators all around the world were worried over crypto regulations in recent times as the industry continues to gain mainstream exposure.