#CryptoRoundTableRemarks

The U.S. Securities and Exchange Commission (SEC) hosted a series of roundtable discussions to explore the regulatory framework for crypto assets. Here are some key takeaways from SEC officials' remarks:

- *Tokenization*: The SEC is exploring the potential benefits of tokenization, including increased operational efficiency, transaction transparency, liquidity, and accessibility. Tokenization can also enable faster settlement and increased investor opportunities.

- *Regulatory Clarity*: The SEC is working to provide legal clarity on issues such as:

- *Qualified Custodians*: Updating custody rules to accommodate crypto assets and blockchain technology.

- *Special Purpose Intermediaries*: Revising the framework for special purpose intermediaries to make it more user-friendly for market participants.