The US Securities and Exchange Commission’s (SEC) Crypto Security Task Force has announced that it will be hosting a series of roundtable discussions on crypto asset regulation. This follows a tumultuous year for the asset class, which saw it locked in a long-running tussle with the regulator over its legal definition and the relevant supervisory actions to which it should be subjected.
Named “The spring sprint toward crypto clarity”, the series will begin with an inaugural session on 21 March that is revealing of the issue that is top of mind for the SEC: “How we got here and how we get out – defining security status”.
Calling the roundtables an “important part” of the regulator’s engagement with the public, SEC commissioner Hester Peirce says, “I am looking forward to drawing on the expertise of the public in developing a workable regulatory framework for crypto.”
The Crypto Task Force was launched on 21 January by acting SEC chairman Mark Uyeda. Its aim is to “provide clarity on the application of the federal securities laws to the crypto asset market and to recommend practical policy measures that aim to foster innovation and protect investors”.
