are cryptocurrencies subject to rule 144 
cryptocurrencies are not subject to rule 144 in fact their sale is lightly regulated by the sec or any other government body the sec takes the position that the top five cryptocurrency exchanges which are responsible for 99 of crypt trading likely are trading securities and should be required to register with the sec and comply with its regulations recent turmoil in the industry including the collapse of ftx is likely to increase pressure to regulate crypto trading the bottom linesec rule 144 outlines the conditions under which restricted and control securities can be sold in the public market rule 144 requires affiliates of an issuing company who want to sell their holdings to wait for at least a minimum holding period and comply with various reporting requirements and disclosures this regulation is intended to help prevent insider trading and importantly to protect investors by ensuring that information about the sale of securities is transparent and accurately disclosed to the market 