SEC to Host 4 More Crypto Roundtables, Signaling Softer Regulatory Approach

Sean Williams
SEC

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The U.S. Securities and Exchange Commission (SEC) has announced a series of four upcoming roundtable discussions on cryptocurrency regulation, signaling a potential shift in its stance on the digital asset industry. Organized by the SEC’s Crypto Task Force, these roundtables will focus on key aspects of the crypto market, including trading, custody, tokenization, and decentralized finance (DeFi).

A Roadmap for Crypto Regulation

The first roundtable in the series, scheduled for April 11, will center on tailoring regulatory measures for crypto trading. This will be followed by discussions on crypto custody on April 25, tokenization and on-chain asset movement on May 12, and DeFi on June 6. All sessions will be open to the public, both online and at the SEC’s Washington, DC headquarters.

SEC Commissioner Hester Peirce, who leads the task force, emphasized the importance of these discussions. “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,” Peirce said in a statement.

A series of four crypto roundtable discussions are scheduled from April through to June. Source: SEC

Regulatory Softening Under New Leadership

The SEC’s renewed approach to crypto regulation comes after the departure of former Chair Gary Gensler, who spearheaded a more aggressive enforcement strategy against the industry. Since his resignation on January 20, acting SEC Chair Mark Uyeda has taken a more measured approach.

Uyeda, who launched the Crypto Task Force on January 21, has signaled a willingness to reevaluate stringent crypto policies enacted under the Biden administration. On March 17, he revealed plans to scrap a proposed rule that would impose stricter custody standards for investment advisers dealing in crypto. Additionally, Uyeda has requested SEC staff to explore alternatives to proposed regulations that would require crypto firms to register as exchanges.

A Broader Dialogue on AI and Finance

Beyond crypto, the SEC will also host a roundtable on artificial intelligence’s role in the financial sector on March 27. This discussion will cover AI’s risks, benefits, and governance, featuring insights from Commissioners Peirce, Uyeda, and Caroline Crenshaw.

Also Read: XRP Price Struggles After SEC Win – Can It Still Hit $10?

As regulatory attitudes evolve, the upcoming roundtables will provide a crucial forum for industry leaders and policymakers to shape the future of crypto regulation in the U.S.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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