SEC Crypto Task Force Announces Four Additional Roundtables
The US Securities and Exchange Commission (SEC) announced it will host four more crypto roundtables after hosting its first earlier in March. The roundtables will focus on crypto trading, custody, tokenization and decentralized finance (DeFi).
The newly established SEC Crypto Task Force announced it will host four more roundtables in its ongoing series discussing crypto asset regulation.
SEC to Discuss Key Areas of Interest in Crypto Regulation
The US Securities and Exchange Commission announced it will host four more crypto roundtables after hosting its first on March 21. The roundtables, which the agencys Crypto Task Force organizes, are part of the SECs ongoing discussions on crypto asset regulation.
The next roundtable is scheduled for April 11, 2025, focusing on tailoring regulation for crypto trading. On April 25, 2025, the Task Force will host a roundtable to discuss crypto custody. The third roundtable will take place on May 12, 2025, focusing on tokenization. The final discussion is scheduled for June 6, 2025, focusing on decentralized finance (DeFi).
The Task Forces inaugural roundtable discussed the security status of digital assets.
The Crypto Task Force launched on January 21, 2025, under the leadership of the SECs Acting Chairman Mark T. Uyenda to help the securities agency draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously.
On its website, the SEC described the goal of the Crypto Task Force:
The Crypto Task Force will help to draw clear regulatory lines, appropriately distinguish securities from non-securities, craft tailored disclosure frameworks, provide realistic paths to registration for both crypto assets and market intermediaries, ensure that investors have the information necessary to make investment decisions, and make sure that enforcement resources are deployed judiciously.
SEC Commissioner Hester Peirce announced the Crypto Task Force's members, which comprises staff from the Acting Chairmans office and other divisions and offices across the agency.
SEC Relaxes Its Anti-Crypto Stance
Under President Donald Trumps administration, the SEC has slowly relaxed its previously hostile stance toward crypto while under the leadership of former SEC Chair Gary Gensler. Chairman Gensler resigned on January 20, 2025, allowing Mark Uyeda to take the reins.
The SEC was criticized for its assault on the crypto industry after it filed a series of damning lawsuits on crypto firms in the past four years. Under its new leadership, the SEC has dismissed several enforcement actions against crypto firms. At the same time, Uyenda noted plans to scrap a rule proposed by the Biden administration aimed at tightening crypto custody standards for investment advisers.
Hester Peirce commented on the purpose of the SECs roundtables, showing a more tolerant attitude toward the industry.
The Crypto Task Force roundtables are an opportunity for us to hear a lively discussion among experts about what the regulatory issues are and what the Commission can do to solve them.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Read more: https://cryptodaily.co.uk/2025/03/sec-crypto-task-force-announces-four-additional-roundtables
Text source: Crypto Daily™
