SEC Crypto Task Force to Hold First Roundtable Amid Regulatory Scrutiny

The U.S. Securities and Exchange Commission (SEC) is set to convene its first roundtable under its newly established Crypto Task Force later this month, marking the initial step in a broader effort to clarify cryptocurrency regulations.

The roundtable, titled “How We Got Here and How We Get Out – Defining Security Status,” is scheduled for March 21 at the SEC’s headquarters in Washington, D.C., the agency announced on Monday.

The event will be part of a larger initiative called “Spring Sprint Toward Crypto Clarity,” which aims to foster discussions on key regulatory challenges within the crypto sector.

Crypto Task Force and Industry Experts to Discuss Cryptocurrency Oversight

Sources familiar with the event’s planning revealed details to journalist Eleanor Terrett, who shared the news on social media platform X. The SEC intends to engage with industry leaders and stakeholders to address persistent regulatory ambiguities.

The SEC’s acting chair, Mark Uyeda, spearheaded the formation of the Crypto Task Force in January, signaling a shift in the agency’s approach to digital asset regulation.

SEC Drops Multiple Lawsuits Against Crypto Firms

The initiative comes amid growing concerns over regulatory uncertainty, which has drawn criticism from industry players who argue that the SEC has been overly reactive rather than proactive.

The task force, composed of 14 members, includes former Willkie Farr & Gallagher partner Michael Selig, who has been appointed chief counsel. Alongside Selig, key SEC officials such as Richard Gabbert (chief of staff) and Taylor Asher (chief policy advisor) will provide strategic guidance.

The SEC’s stance on cryptocurrency regulation has been evolving, with the agency recently dropping multiple lawsuits against crypto firms. The most recent case, involving crypto exchange Kraken, was dismissed on March 3.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.