On May 14, #加密圆桌会议要点 2025, the Crypto Roundtable Conference mainly discussed the following key points:

1. Integration of Traditional Finance and Decentralized Finance:

The core topic of the conference was the deep integration of traditional finance (TradFi) and decentralized finance (DeFi). This includes exploring how to tokenize traditional financial assets through blockchain technology to achieve more efficient and transparent financial transactions.

2. Regulatory Framework for Crypto Asset Markets:

SEC Chairman Paul Atkins emphasized at the conference that his core priority is to establish a reasonable regulatory framework for crypto asset markets. This includes developing clearer guidelines for cryptocurrency issuance and exploring new safe harbor policies to promote healthy market development.

3. Regulation of Stablecoins and DeFi:

The conference also discussed regulatory issues surrounding stablecoins and decentralized finance (DeFi). The U.S. Treasury plans to hold a series of private roundtable discussions with members of the crypto industry, covering topics such as DeFi, banking relationships, and cybersecurity.

4. Reform of Crypto Broker Rules:

SEC Chairman Atkins indicated that the current framework allowing brokers to act as custodians for digital assets may be abolished and replaced, considering granting hedge funds the authority to self-custody crypto assets. This reform aims to enhance market transparency and security.

5. Participation of Industry Giants:

Representatives from industry giants such as BlackRock, Fidelity, and Nasdaq participated in this conference, and their opinions and suggestions may have a profound impact on the regulatory outlook for digital assets and tokenized securities.

6. Development of Crypto ETFs:

The conference also discussed the development of crypto ETFs. Last week, the U.S. Bitcoin spot ETF saw a net inflow of $920 million, with total net assets reaching $118.66 billion, indicating strong market demand for crypto assets.

These discussions and key points reflect the main trends and challenges facing the current crypto market in terms of regulation, technological integration, and market development.