The cryptocurrency roundtable held on May 14, #加密圆桌会议要点 2025 mainly discussed the following key points:

1. Integration of Traditional Finance and Decentralized Finance:

The core topic of the meeting was the deep integration of Traditional Finance (TradFi) and Decentralized Finance (DeFi). This included discussions on how to tokenize traditional financial assets through blockchain technology to achieve more efficient and transparent financial transactions.

2. Regulatory Framework for Cryptocurrency Markets:

SEC Chairman Paul Atkins emphasized that establishing a reasonable regulatory framework for cryptocurrency markets is his top priority. 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 meeting also discussed the regulatory issues surrounding stablecoins and Decentralized Finance (DeFi). The U.S. Treasury plans to hold a series of private roundtable meetings with members of the cryptocurrency industry to discuss topics including DeFi, banking relationships, and cybersecurity.

4. Reform of Cryptocurrency Broker Rules:

SEC Chairman Atkins stated that there might be a repeal and replacement of the current framework allowing brokers to act as custodians of digital assets, considering granting hedge funds the authority to self-custody cryptocurrency 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 meeting, and their opinions and suggestions may have a profound impact on the regulatory outlook for digital assets and tokenized securities.

6. Development of Cryptocurrency ETFs:

The meeting also discussed the development of cryptocurrency 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 cryptocurrency assets.

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