#CryptoRoundTableRemarks
🗓️ Latest news: Round table on May 12
On May 12, 2025, SEC Chairman Paul S. Atkins announced a significant shift in the regulatory strategy towards cryptocurrencies. The SEC plans to move away from a strict law enforcement approach to adopt a clearer and more rational regulatory framework. This change aims to provide more transparent and consistent guidelines for the industry, addressing areas such as token issuance and digital asset custody.
🔍 Key topics
Tokenization of assets: The SEC acknowledges the growing migration of traditional securities to blockchain-based systems, comparing this transition to the evolution of audio formats in the music industry.
Digital asset custody: New options are being considered for entities to qualify as custodians under federal law, facilitating institutional participation in the cryptocurrency market.
Regulation of memecoins: Economists like Paul Krugman have expressed concerns about the lack of regulation surrounding cryptocurrencies associated with public figures, such as the memecoins $TRUMP and $MELANIA, pointing out potential risks of corruption and lack of transparency.
These round tables indicate a shift towards more collaborative regulation that adapts to innovation in the cryptocurrency sector. Would you like to delve into a specific topic, such as tokenization or digital asset custody?