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**SEC Prepares for Digital Currency Discussion: 11 Notable People Share Their Thoughts**
The U.S. Securities and Exchange Commission (SEC) is about to start a number of meetings to deliberate the pressing issue of how to oversee digital currencies. Toncoin (TON) Value Forecast for March 26th
**Conflict of Ideas:**
Critics and advocates of the digital currency sector will face off to attempt to determine the optimal path forward for supervising crypto in the United States.
The SEC is arranging a series of discussions to aid its recently created digital currency team concentrate on crucial domains. The initial gathering is slated for March 21st.
**Hester Peirce’s Position:**
Commissioner Hester Peirce, who is heading the digital currency team, stated she’s eager to utilize the public’s understanding to formulate a functional regulatory framework for digital currencies.
**Change in Strategy:**
This undertaking is part of a wider endeavor to relax digital currency rules in the U.S. to foster advancement in the sector.
This signifies a departure from the strategy under previous Chairman Gary Gensler, who adopted a stricter position on digital currency firms.
With the sector awaiting a new SEC Chairman to be designated, many of the enforcement measures have been delayed.
**Who’s Participating?**
Here are 11 significant individuals who will participate in the conversation, and why their contribution is important:
* **John Reed Stark, John Reed Stark Consulting**
Stark dedicated over 18 years at the SEC’s enforcement division, including 11 years as head of the internet enforcement department.
Over the years, Stark has evolved into a vocal detractor of digital currencies. Just hours before the initial digital currency team discussion, Stark issued a comprehensive 78-page analysis of digital currency.
**Main Point:** He doubts the new SEC will safeguard consumers.
Stark mentioned that instead of taking legal action against prominent digital currency enterprises, the SEC’s digital currency team is collaborating with them, encouraging investors in the digital currency sector to formulate their own regulatory guidelines.
Miles Jennings serves as the chief of regulations for the digital currency branch of the venture capital enterprise Andreessen Horowitz.
He guides the enterprise on decentralization, DAOs, governance, non-fungible tokens, and state and federal securities statutes.
In 2017, he became a member of the blockchain enterprise Consensys as a legal advisor. He also jointly directed the firm’s worldwide blockchain and digital currency team while serving as a partner at Latham & Watkins. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
On March 13, Jennings stated that a16z issued a 50-page declaration that “tackles the most vital and intricate digital currency matters through a straightforward and potent principle that can be articulated in a single phrase.”
A16z is evolving into one of the more engaged proponents of the digital currency sector in Silicon Valley.
Their representatives have spearheaded the discourse over the alleged de-banking of digital currency enterprises, and Brian Quintenz, Trump’s selection to be the subsequent chairman of the Commodity Futures Trading Commission, is the worldwide regulations director for a16z’s digital currency investment division.
Benjamin Schiffrin is the securities regulations director at Better Markets, a monetary reform advocacy group.
He concentrates on securities throughout the decision-making procedure, with a specific emphasis on the SEC.
Before becoming a member of Better Markets, Schiffrin functioned as Deputy General Counsel at the regulatory body for 18 years.
Lee Reiners is a lecturer at Duke University’s Center for Financial Economics.
During his tenure at Duke, he instructs courses on Fintech Law and Policy, Digital Currency Law and Policy, Financial Regulatory Policy, Climate Change and Financial Markets, and Cybersecurity Law and Policy.
The Duke stated that his work will be aimed at how new monetary technologies and climate alteration can be integrated into the current regulatory structure.
Collins Belton serves as the managing partner at Brookwood P.C., an entity that provides advice to early-stage, crypto-centric firms, venture capital organizations, and fintech businesses.
Sarah Brennan holds the position of general counsel at Delphi Ventures, where she spearheads the investment firm’s policy endeavors.
Chris Brummer is a professor specializing in fintech law at Georgetown University Law Center and the chief executive officer of Bluprynt, a crypto compliance upstart.
Coy Garrison advocates for crypto stakeholders through the Steptoe legal firm, where he co-manages the firm’s blockchain operations.
Belton’s prior experience includes roles at Wilson Sonsini and Atrium.
He is a co-creator of LeXpuNK, a blockchain lawyers’ social enterprise, and consistently publishes articles regarding the convergence of digital assets and legal aspects.
He has lectured at Vanderbilt University and the University of Pennsylvania Law School and was a member of the board of directors for PayPal’s digital asset division.
Prior to his tenure at Cooley, Seira practiced at one of the initial boutique law firms concentrating on blockchain and acted as special counsel and co-leader of the policy lab at crypto investment fund Paradigm.
Delphi Ventures provides funding for crypto projects like web3 gaming upstart Pixelverse.
He was employed at the SEC for almost nine years, most recently as an advisor to Commissioner Peirce.
Rodrigo Seira, Special Counsel at Cooley LLP.
Belton recently endorsed Peirce’s request for industry participants to provide feedback on shaping digital asset regulation. Kiyosaki: Global Economy Declining, Predicts Bitcoin at $200,000
Collins Belton, Managing Partner at Brookwood P.C.
Chris Brummer, Professor of Fintech Law at Georgetown University Law Center and CEO of Bluprynt.
Sarah Brennan, General Counsel at Delphi Ventures.
Coy Garrison, Partner at Steptoe & Johnson.
He provides guidance to both public and private enterprises, with a focus on blockchain and cryptocurrency.
Duke mentioned that his schedule emphasizes how new monetary technologies and climate alteration are integrated into the current regulatory structure.
He last spoke before Congress in February, providing testimony on the regulation of virtual assets.
Lewis Cohen serves as the co-leader of CahillNXT, the virtual assets segment of Cahill Gordon & Reindel.
Lewis Cohen, CahillNXT
Beforehand, he held a partnership position at Clifford Chance and Hogan Lovells. Cohen gave evidence in February during a Senate Banking, Housing, and Urban Affairs Committee meeting called “Investigating Bipartisan Structures for Virtual Assets Lawmaking.”
During the session, he championed a “technology-agnostic” and “dual regulatory” strategy for cryptocurrency guidelines.
Teresa Goody Guillén, BakerHostetler
Teresa Goody Guillén is a lawyer at the well-known legal practice BakerHostetler and formerly a law instructor at Georgetown University.
She recently collaborated on a policy document titled, “Laying the Groundwork for Crypto Clarity: A Structure for Debate on Virtual Asset Regulatory Composition,” which contends, in part, for an equitable strategy for cryptocurrency rules.
Pedro Solimano and Andrew Flanagan function as market journalists for DL News. Do you have a suggestion? Contact them via psolimano@dlnews.com and aflanagan@dlnews.com.
