Below is a summary of the U.S. Securities and Exchange Commission's cryptocurrency task force meeting on May 12, 2025 - and what it could mean if the SEC has indeed changed its stance:
In a panel discussion titled "The Token - Transferring Assets on the Chain," SEC Chairman Paul Atkins outlined plans to establish a clear and sound rulebook for cryptocurrency tokens - aiming to replace sudden enforcement with predictable guidance for issuance, custody, and trading. He also discussed the possibility of allowing registered broker-dealers to trade non-security tokens such as Bitcoin and Ethereum on alternative trading systems, indicating a more open policy.