Source: Cointelegraph Original: "{title}"
The U.S. Securities and Exchange Commission has released a list of executives from American cryptocurrency and financial giants who will participate in a roundtable discussion on cryptocurrency trading regulation.
On April 7, the regulator announced that its upcoming roundtable meeting on April 11 will discuss how to handle cryptocurrency trading rules, calling it "Between Blocks and Dilemmas: Tailoring Regulation for Cryptocurrency Trading."
This will be the second meeting in a series of discussions hosted by its recently established cryptocurrency working group.
Participants include Uniswap Labs Chief Legal Officer Katherine Minarik, Cumberland DRW Deputy General Counsel Chelsea Pizzola, and Coinbase Vice President of Institutional Products Gregory Tusar—companies that have all been under the regulator's scrutiny.
During the Biden administration, the regulator sued Cumberland DRW in October last year and Coinbase in June 2023, accusing them of violating securities laws, but both lawsuits were dismissed during the Trump administration this year.
The SEC also launched a potential enforcement investigation into Uniswap Labs in April 2024, which concluded in February without further action.
Also attending the roundtable will be NYSE Product Chief Jon Herrick, FalconX Business Head Austin Reid, Texture Capital CEO Richard Johnson, and Christine Parlour, Chair of the Finance Department at the University of California, Berkeley.
Source: SEC
Dave Lauer, co-founder of the advocacy group We the Investors, and Tyler Gellasch, CEO of the nonprofit Healthy Markets Association, will also participate, while Nicholas Losurdo, a partner at the law firm Goodwin Procter, will moderate the discussion.
Representing the SEC will be Acting Chair Mark Uyeda, Director of the Cryptocurrency Working Group Office Richard Gabbert, and Commissioners Caroline Crenshaw and Hester Peirce.
This roundtable is the second cryptocurrency-focused discussion in a series of five that the SEC refers to as the "Spring Sprint for Cryptocurrency Clarity." The first was held on March 21, discussing the legal status of cryptocurrencies, while the next three discussions will cover custody, tokenization, and decentralized finance (DeFi).
Under President Trump, the SEC is working to reform its regulation of the cryptocurrency industry, and these roundtables have emerged as part of that effort, with the latest action being a review of staff statements regarding cryptocurrencies for possible modification or withdrawal.
Uyeda stated in a declaration shared on the SEC's X platform on April 5 that he is reviewing seven staff statements, five of which relate to cryptocurrencies, due to Trump's deregulation executive order and recommendations from the government efficiency office led by Elon Musk (DOGE).
Source: SEC
"The purpose of this review is to determine which staff statements should be modified or withdrawn based on current agency priorities," Uyeda said.
The first item on the list is an analysis from the Financial Technology Innovation Strategic Center in April 2019 regarding how cryptocurrency sales constitute investment contracts under the Howey test that defines securities—an argument the agency has used to sue several cryptocurrency companies for violations.
Also under review are two statements from the Investment Management Division, one from May 2021 urging investors to consider the risks of Bitcoin futures funds, and another from November 2020 soliciting feedback on whether state-chartered banks meet the standards for qualified custodians.
The SEC will also review a statement from the Corporate Finance Division in December 2022, which urged SEC-regulated companies to assess their disclosure information regarding whether a series of bankruptcies and collapses of crypto companies at that time affected their business.
Finally, the agency will review a warning issued by the review division in February 2021, stating that "many activities related to the offering, sale, and trading of digital assets that are securities pose unique risks to investors."
Related: The U.S. Securities and Exchange Commission (SEC) clarifies in new guidance that some stablecoins do not fall under the category of securities.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。