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Why Digital Asset Treasuries Are Drawing Regulator Concerns

By Sujay Dave and Anil Donmez ( December 4, 2025, 10:09 AM EST) -- In September, the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority reportedly launched coordinated inquiries into more than 200 public companies that maintain significant digital asset holdings, often referred to as digital asset treasuries, or DATs.[1]...

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