The post SEC’s Crypto Task Force Announces 4 Key Roundtables on DeFi, Tokenization, and More appeared first on Coinpedia Fintech News
The U.S. SEC’s Crypto Task Force is gearing up for a series of four roundtable discussions. The Task Force will host four roundtable discussions, exploring topics like tokenization and decentralized finance (DeFi). These talks will bring together experts to discuss the future of digital finance.
The roundtables, running from April to June, are part of the SEC’s ongoing effort to establish clearer and more effective rules for the crypto industry.
The first roundtable of the Crypto Task Force marked the beginning of the SEC’s effort to bring more clarity to cryptocurrency rules, which Commissioner Hester Peirce called the “Spring Sprint Toward Crypto Clarity.” The event, held last Friday in Washington, D.C., brought together crypto lawyers to discuss whether tokens should be considered securities.
At the roundtable, Miles Jennings, a16z crypto’s general counsel, criticized the SEC’s past approach to crypto, saying it failed to protect investors, support capital formation, or create efficient markets.
“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 noted in a Tuesday announcement.
The next roundtable, “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” is all set to be held on April 11. Other topics will include crypto custody (April 25), tokenization (May 12), and decentralized finance (June 6). All events will be held in Washington, D.C., and livestreamed.
The Crypto Task Force, launched on January 21 by Acting SEC Chairman Mark T. Uyeda, was created to help the SEC set clear rules, offer practical paths for registration, build effective disclosure frameworks, and use enforcement resources wisely.
Furthermore, the SEC is also exploring how it could “provide some kind of framework or some kind of markers” to craft rules for NFTs as an asset category. This comes after the SEC announced last Thursday that crypto mining doesn’t violate securities laws.
Meanwhile, Paul Atkins, nominated by Trump to be the new SEC chair, will have his Senate hearing on Thursday. A former SEC commissioner from 2002 to 2008, Atkins is also a supporter of crypto.
