SEC to host former legal rivals Coinbase, Cumberland DRW and Uniswap Labs at crypto roundtable

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10 days ago

The U.S. Securities and Exchange Commission's crypto task force is set to host several crypto heavyweights — including representatives from companies it had previously entered legal battles with — for a roundtable discussion slated for Friday.

The SEC announced the agenda and panelists on Monday, inviting executives from companies such as Coinbase, Uniswap Labs and Cumberland DRW to speak at the roundtable at its headquarters in Washington, D.C. 

The upcoming event, titled "Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading," is part of a series of roundtable discussions organized by the SEC's crypto task force meant to bring more clarity to crypto regulation. Friday's panelists include Katherine Minarik, chief legal officer of Uniswap Labs; Gregory Tusar, VP of institutional product at Coinbase; and Chelsea Pizzola, associate general counsel of Cumberland DRW.

The roundtable, which will be livestreamed on the agency's website, will also feature remarks from Mark Uyeda, acting chair of the SEC, and Commissioners Caroline Crenshaw and Hester Peirce. "Hearing the public's concerns and suggestions helps the SEC create a clear, sensible, and fair path forward for the crypto industry," Peirce, who leads the crypto task force, said in the Monday statement.

Notably, the SEC has dropped its lawsuits against Coinbase and Cumberland DRW after U.S. President Trump took office. In June 2023, under former Chair Gary Gensler, the agency sued Coinbase for allegedly violating securities laws but moved to dismiss the case in February. Last month, the SEC also dropped its case against Cumberland DRW, which had been filed in October 2024.

The SEC held its first such event on March 21, with securities lawyers and crypto pundits debating a long-held question about what makes something a security. It plans to organize the third roundtable on April 25 to discuss "Know Your Custodian: Key Considerations for Crypto Custody."

Two additional roundtable discussions are also expected on May 12 and June 6, focusing on tokenization and decentralized finance, respectively.

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