The Securities and Exchange Commission’s Crypto Task Force is set to organize discussions on guidelines.
The Securities and Exchange Commission (SEC) is intensifying its efforts in the digital currency sphere. The SEC’s digital currency working group is scheduling four open meetings over the coming three months to explore the complexities of digital currency guidelines.
These gatherings, revealed on March 25, will handle significant subjects like asset safekeeping, tokenization, decentralized finance, and digital currency exchange guidelines. It’s all a component of the SEC’s attempt to introduce some precision to the industry’s operating procedures.
Since its inception in January, the SEC digital currency working group has been attempting to discover a harmony between safeguarding shareholders and encouraging advancement. The meetings will unite specialists from legislation, economics, and digital currency to explore how current guidelines relate to digital assets and where novel regulations might be required.
SEC Commissioner Hester Peirce, a communicative supporter for reasonable digital currency guidelines, emphasized the importance of these dialogues. Toncoin (TON) Value Forecast for March 26th
> “The Cryptocurrency Working Group meetings furnish us with a chance to listen to specialists on regulatory matters and what actions the Commission can take to resolve them.”
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> — Hester Peirce, SEC Commissioner and Head of the Digital Currency Working Group
The conversations will occur at the SEC’s main office in Washington, D.C., and will be broadcasted in real-time on SEC.gov. Those attending in person will have to sign up, while virtual participants can listen in without enrolling. Recordings of each session will be accessible for individuals who miss the live events.
The working group has previously commenced examining whether particular tokens should be categorized as securities and how digital assets integrate into current economic regulations.
The US Securities Regulatory Agency has maintained a contentious position on virtual currencies for a considerable time, but the Trump government’s support for adopting virtual currencies is promoting a more flexible regulatory environment.
So far this year, the SEC has stopped prior probes into several prominent cryptocurrency organizations, including OpenSea, Uniswap (UNI), Immutable (IMX), Robinhood, including Gemini. This alteration implies that the SEC might be modifying its regulatory strategy from extensive enforcement measures to a more uniform structure.
