The US Securities and Exchange Commission (SEC) has announced its intention to hold four additional roundtables focused on cryptocurrency in Washington, D.C., as part of its ongoing mission to reform digital asset regulations.
A statement released on March 25 details that these discussions will cover crucial topics, including crypto trading, custody, tokenization, and decentralized finance (DeFi).
The inaugural event, Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading, is scheduled for April 11. Subsequent discussions on custody, tokenization, and DeFi are planned for April 25, May 12, and June 6.
All roundtables will be streamed live on the SEC’s official website to facilitate public participation.
This series of events represents the Commission’s continued endeavor to update its regulatory framework for the crypto sector. Since establishing its Crypto Task Force, the regulator has highlighted the necessity of striking a balance between protecting investors and fostering innovation.
The initiative follows a previous roundtable held on March 21, where despite differing views, all participants expressed a collective need for regulatory clarity. The conversations highlighted the requirement for updated policies that more accurately address the distinctive challenges within crypto markets.
Purpose of SEC Roundtables
The SEC mentioned that these upcoming roundtables would aid in “drawing clear regulatory lines, offering realistic registration pathways, creating practical disclosure frameworks, and wisely allocating enforcement resources.”
SEC Commissioner Hester Peirce, who leads the Crypto Task Force, emphasized the significance of engaging directly with industry professionals. She remarked that these sessions create valuable opportunities for discussion that can help shape a more effective regulatory framework moving forward.
As she stated:
“The Crypto Task Force roundtables provide a chance for an energetic dialogue among experts regarding the regulatory challenges and what measures the Commission can take to address them.”
This development also emerges amid a notable change in the SEC’s approach under the previous administration.
The agency has dismantled its crypto enforcement program and has withdrawn several prominent cases and investigations concerning companies like Coinbase, Kraken, Ripple, Gemini, and OpenSea.
These shifts signal a significant move away from extensive enforcement actions toward establishing a clearer and more organized regulatory framework for the US cryptocurrency industry.
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