#CryptoRoundTableRemarks

#CryptoRoundTableRemarks highlights key statements from the SEC’s Crypto Task Force roundtable on May 12, 2025, titled “Tokenization — Moving Assets Onchain: Where TradFi and DeFi Meet,” held in Washington, D.C. SEC Chairman Paul Atkins opened with a pro-crypto stance, comparing blockchain’s impact to the MP3 revolution and stating, “Securities are shifting to on-chain ledgers.” He outlined a three-part strategy: streamlining token issuance, adapting regulations for on-chain securities, and leveraging existing SEC rules to set standards. Commissioner Hester Peirce emphasized tokenization’s potential to transform markets, urging regulatory clarity to support innovation. However, Commissioner Caroline Crenshaw cautioned against weakening investor protections, questioning the feasibility of widespread tokenization and citing risks like hacks. X posts reflect optimism, noting a policy shift toward embracing blockchain, though some criticize the SEC for slow progress. The roundtable signals a move toward regulatory frameworks balancing innovation and safety.