On March 21, 2025, the U.S. Securities and Exchange Commission's (SEC) Crypto Task Force held its inaugural roundtable, "How We Got Here and How We Get Out – Defining Security Status." This event marked a pivotal step toward establishing a tailored regulatory framework for the cryptocurrency industry. The roundtable featured diverse perspectives, highlighting the complexities of classifying digital assets under federal securities laws. Discussions centered on whether the SEC's jurisdiction should focus on transactions or the assets themselves, and how to determine when digital assets are sufficiently decentralized to not be considered securities. This initiative underscores the SEC's commitment to fostering innovation while ensuring investor protection. #SECCryptoRoundtable $BTC