The Securities and Exchange Commission’s crypto working group says it will hold a series of discussions on how the regulator should approach digital assets.
The SEC will hold a series of discussions on how it should approach crypto, with its first later this month looking at how to legally define digital assets.The US Securities and Exchange Commission’s Crypto Task Force is set to host a roundtable later this month on the “security status” of digital assets.
that it will host a series of roundtables at its Washington, DC head office, dubbed the “Spring Sprint Toward Crypto Clarity.” The first roundtable will kick off on March 21 with a discussion titled “How We Got Here and How We Get Out — Defining Security Status.” “I am looking forward to drawing on the expertise of the public in developing a workable regulatory framework for crypto,” said Crypto Task Force lead Commissioner Hester Peirce. The SEC’s acting chair, Mark Uyeda, launched the Crypto Task Force in late January to develop a crypto framework for the agency. One of President Donald Trump’s promises was to alleviate regulatory enforcement of the crypto industry. The agency has recently dropped multiple litigation efforts against crypto companies, which were launched during the Biden administration. The most recent litigationon March 3, the SEC announced the 14 members of its Crypto Task Force, which notably named Michael Selig as its chief counsel alongside longtime SEC staff who would advise the group. Selig was a partner at the prestigious international law firm Willkie Farr & Gallagher before he joined the agency.of his profile from the firm’s website — which has been deleted — noted Selig’s counseled crypto, non-fungible token and stablecoin firms. It also added he “represented clients in enforcement matters before the SEC and CFTC involving regulatory compliance violations.”Also of note is Peirce’s former policy counsel, Sumeera Younis, who was named the task force’s operations chief.In a statement, Peirce said the crypto force “exhibits deep expertise and an enthusiastic commitment to identifying — with the help of other talented staff across the Commission and interested members of the public — workable solutions to difficult crypto regulatory problems.”Peirce’s former counsel, Richard Gabbert, picked up the force’s chief of staff role, while Uyeda’s former policy adviser, Taylor Asher, was made the group’s chief policy adviser.
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