#CryptoRoundTableRemarks The US Securities and Exchange Commission (SEC) recently held a crypto roundtable discussion, focusing on key issues in the crypto industry. Here are some key remarks from the event:

*Key Takeaways*

- *Tokenization*: SEC Chairman Paul Atkins emphasized the potential of tokenization to transform capital markets and finance. He noted that blockchain technology can enable new methods of issuing, trading, owning, and using securities.

- *Regulatory Framework*: Atkins highlighted the need for a rational regulatory framework for crypto asset markets. He emphasized that clear rules of the road are necessary for investor protection and to encourage innovation.

- *Custody*: Commissioner Hester Peirce urged the SEC to update and clarify crypto-specific rules to support innovation while ensuring investor protection. She noted that current rules often don't fit the reality of crypto markets.

- *Investor Protection*: Commissioner Caroline Crenshaw emphasized the importance of robust custody rules for crypto assets. She warned that lowering the bar could expose investors to serious harm.

*Discussion Topics*

- *Crypto Custody*: The roundtable discussed the challenges SEC registrants face when attempting to safely custody crypto assets for their customers.

- *Tokenization and DeFi*: The event explored how blockchain-based tokenization is reshaping capital markets and asset management strategies.

- *Regulatory Clarity*: Panelists stressed the importance of regulatory clarity for unlocking global capital markets through tokenization ¹ ² ³.

*Panelists and Participants*

- SEC Chairman Paul Atkins

- Commissioner Hester Peirce

- Commissioner Caroline Crenshaw

- Commissioner Mark Uyeda

- Industry experts from BlackRock, Fidelity, and other leading financial institutions ¹