#CryptoRoundTableRemarks

...... Regulatory Pivot: U.S. Crypto Policy Enters a New Era

The SEC's tone on crypto is shifting — and the implications are huge.......

Following the May 12 roundtable, Chairman Paul Atkins signaled a move away from a regulation-by-enforcement model. Instead, the focus is turning toward clear, functional rules for crypto issuance, custody, and trading — potentially opening the door to long-awaited regulatory clarity.......

Key takeaways:

Custody Expansion: Expect more flexibility for institutions to securely hold digital assets.

Legal Clarity: Some crypto assets may not be securities — paving the way for exemptions and safe harbor frameworks......

Commission Divide: Hester Peirce champions innovation and asset tokenization. Caroline Crenshaw warns against regulatory favoritism that could distort markets......

Bottom line: If this policy shift holds, it could unlock serious momentum for U.S.-based crypto projects and legitimize institutional participatio........