SEC to Host Crypto Roundtables on Trading, Custody, Tokenization, and DeFi

The U.S. Securities and Exchange Commission (SEC) is stepping up its efforts to regulate the fast-growing cryptocurrency sector by hosting four more roundtables. These discussions will focus on critical topics like crypto trading, custody, tokenization, and decentralized finance (DeFi).

Following the first roundtable on March 21, which aimed to bring clarity to digital asset regulations, the SEC plans to continue fostering dialogue with industry experts. The goal is to create clearer guidelines for the sector and ensure a fair and transparent regulatory environment.

The first in the upcoming series is set for April 11, concentrating on the challenges of regulating crypto trading platforms. Next, on April 25, the focus will shift to the complexities of crypto custody, ensuring that digital assets are safely stored. On May 12, tokenization and how traditional assets can move on blockchain networks will take center stage. The series will conclude on June 6 with a session dedicated to DeFi, discussing the risks and opportunities of decentralized financial platforms.

These roundtables are led by SEC Commissioner Hester Peirce, who heads the agency’s Crypto Task Force. She has emphasized the need for practical conversations between regulators and market participants to develop sensible regulations that address both innovation and investor protection.

While detailed agendas and participant lists are yet to be announced, the SEC has confirmed that the roundtables will be accessible to the public both online and at its headquarters in Washington, D.C.

The Crypto Task Force was formed on January 21 under acting SEC Chair Mark Uyeda to create a clearer and more adaptive regulatory framework for the crypto sector. This signals a shift from the strict enforcement-driven approach taken under former SEC Chair Gary Gensler.

Chair Uyeda has also indicated that the SEC is reconsidering several enforcement actions against crypto firms initiated during Gensler’s tenure. Additionally, Uyeda suggested withdrawing a proposed rule that would have imposed tougher custody standards on investment advisers working with crypto assets. He has also called for a reassessment of regulations that would have expanded oversight of alternative trading systems, including those involving crypto.

In addition to its crypto initiatives, the SEC will hold a roundtable on March 27 to explore the role of artificial intelligence in financial markets. This session will discuss how AI is used in finance, its potential risks, and how to ensure responsible use of the technology.

These upcoming discussions reflect the SEC’s commitment to refining its approach to crypto regulation by engaging directly with stakeholders. For investors, crypto companies, and enthusiasts, these roundtables offer valuable insight into how the regulatory landscape may evolve in the coming months. Stay tuned for updates as the SEC navigates the complexities of the crypto industry.

Also Read: SEC Launches Crypto Roundtables to Discuss Regulation Changes