Major Crypto Discussions Ahead: SEC Announces 4 Roundtables

The Securities and Exchange Commission (SEC) is intensifying its campaign to promote crypto adoption and regulation by scheduling four public roundtables over the next three months. In a press release dated March 25th and published on its official website, the SEC aims to cover key issues in regulation in trading, asset custody, DeFi, and tokenization. 

The planned series of roundtables is part of the SEC’s initiative to create clear and transparent rules for the broader crypto industry. The SEC Crypto Task Force, launched last January, aims to balance the interests of all stakeholders and ensure continuous innovation for the industry.

Four Roundtables, Different Topics And Targets

The planned roundtables by the SEC are part of the series of meetings and discussions hosted by the task force. According to the schedule shared by the SEC, the first meeting will be on April 11th, focusing on regulations on cryptocurrency trading. Then on April 25th, the discussions will turn to issues surrounding custody and custodians. On May 12th, the topics will focus on tokenization, then on June 6th, the attention will be on DeFi.

The roundtables are open to the public and will be held at the SEC’s headquarters in Washington, D.C. Interested digital currency enthusiasts and analysts can watch the proceedings via live stream or register online to attend in person.

What The Roundtables Can Do

Hester Peirce, the SEC Commissioner and head of the CTF, advocates sensible regulation. Peirce says these roundtables can help shape future policies and regulations. 

In a statement, Peirce mentioned that these planned roundtables will offer lively discussions, insights from experts, and a platform for the Commission to provide solutions. According to the same press release, more information about the speakers and the actual agenda will be posted once they become available. Interested participants can also visit the Task Force’s official website.

The SEC task force was launched by Acting SEC Chairman Mark Uyeda on January 21st. According to reports, the task force aims to draft clear regulatory frameworks for cryptocurrencies, offer realistic steps to registration and disclosure, and plan judicious use of enforcement resources.

Immediately after its launch, the task force started reviewing whether some digital assets should be categorized as securities and how these assets align with existing regulations. Under former Secretary Gensler, the SEC has been critical of many digital currency projects, including Ripple. But with a crypto-friendly administration under US President Donald Trump, many expect friendlier crypto policies.

Featured image from Reuters, chart from TradingView