The US Securities and Exchange Commission (SEC) is overseeing the creation of crypto rules as per President Donald Trump’s directives. As a part of the method, SEC’s Crypto Task Force has scheduled its second roundtable assembly for April 11. The assembly goals to determine guidelines for safer crypto buying and selling and shield nationwide monetary safety. Gregory Tusar, VP of Institutional Product at Coinbase and Katherine Minarik, Chief Legal Officer at Uniswap Labs are among the many panelists listed for this session.
The second roundtable session is titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading”, the SEC said in an official post.
A total of nine panelists have been listed to be part of this session. These include top officials from the Healthy Markets Association, New York Stock Exchange, Texture Capital, US Berkeley, FalconX, Cumberland DRW, and Urvin Finance. Richard Gabbert, Chief of Staff of the Crypto Task Force, will deliver the opening remarks at the meeting, with Trump-appointed acting SEC chairman Mark Uyeda also being part of the discussions.
“The roundtable will probably be held on the SEC’s headquarters at 100 F Street, N.E., Washington, D.C. from 1 p.m. – 5 p.m. The occasion will probably be open to the general public and webcast dwell on the SEC’s web site. Doors will open at 12 p.m.,” the SEC informed community members who wish to attend the meeting online or offline.
Following the discussions, the SEC will let attendees submit their suggestions at the office or through emails. These recommendations will be analysed by the Task Force officials while compiling the first draft of US’ crypto rules.
“Hearing the general public’s considerations and solutions helps the SEC create a transparent, smart, and honest path ahead for the crypto trade. I stay up for this roundtable as we transfer towards crypto readability for the good thing about the American public,” Commissioner Hester M. Peirce, Head, Crypto Task Force said in a statement.
Back in March, President Donald Trump instructed the Crypto Task Force to finalise the crypto rules by August this year. This leaves the committee with around four months to complete the task.
In order to garner insights from crypto community leaders and the common public, the SEC decided to host a series of roundtables.
The inaugural session of the roundtable series, dubbed the ‘Spring Sprint Toward Crypto Clarity’, took place on March 21. Based on the discussions during this session, the SEC determined that stablecoins are not securities like bank notes and common stocks.
The US is forging a pro-crypto roadmap under Trump’s presidency. Last month, the US President signed an executive order to establish a strategic reserve of cryptocurrencies and held a summit for trade leaders on the White House to attach them with lawmakers and regulators.
