The U.S. Securities and Exchange Commission (SEC) cryptocurrency task force is planning to hold another roundtable meeting, which may lead to changes in the policies of this financial regulatory agency.
In a notice on Monday, the SEC stated that the cryptocurrency task force, led by Commissioner Hester Peirce, will host a public roundtable on financial regulation and privacy on October 17. This will be the sixth roundtable focused on digital asset-related issues held by the commission at its Washington, D.C. office since the departure of former SEC Chairman Gary Gensler.
"Understanding the latest developments in privacy protection tools will help the SEC and other financial regulators formulate policy solutions in the cryptocurrency space," Peirce stated.
These cryptocurrency-focused roundtable events include a series of 10 meetings taking place across the United States from August to December, coinciding with the SEC's consideration of proposed rule changes that could significantly impact market participants.
On Thursday, the commission proposed "certain exemptions and safe harbors" related to the issuance and sale of crypto assets and amended the "broker-dealer financial responsibility rules" to ease the burden on cryptocurrency companies operating in the U.S.
Since January, the SEC and the Commodity Futures Trading Commission (CFTC), as the two major financial regulatory agencies in the U.S., appear to have softened their stance on enforcement actions and rules affecting cryptocurrency companies, withdrawing several investigations and lawsuits.
The CFTC leadership is now composed solely of Acting Chair Caroline Pham, who stated in August that the agency would follow the White House's lead on cryptocurrency policy.
In the past seven days, both regulatory agencies have indicated they will explore a potential shift to 24/7 capital markets, as well as efforts to regulate cryptocurrency derivatives and coordinate oversight to facilitate spot cryptocurrency trading.
The latter initiative aligns with recommendations released by the President's Digital Asset Market Working Group in July.
However, the powers and responsibilities of the SEC and CFTC may soon be constrained by proposed legislation currently under consideration in Congress.
According to Senator Cynthia Lummis, one of the proponents of the bill, the Senate version of the Digital Asset Market Structure Act, known as the "Responsible Financial Innovation Act," could become law by 2026.
Related: Lawyer Interpretation: FBOT Registration System Struggles to Attract Foreign Crypto Exchanges to Enter the U.S. Market
Original article: “The SEC Cryptocurrency Task Force Will Address Financial Regulation and Privacy Issues”
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。
