#CryptoRoundTableRemarks Here is a summary of the SEC's Cryptocurrency Working Group roundtable on May 12, 2025—and what it could mean if the SEC actually changes its position:
During the roundtable "Tokenization—Moving Onchain Assets", SEC Chairman Paul Atkins outlined plans for a clear and sensible rulebook for crypto tokens—aiming to replace surprise enforcement with predictable guidelines for issuance, custody, and trading. He even mentioned the possibility of allowing registered broker-dealers to trade non-security tokens like Bitcoin and Ethereum on alternative trading systems, signaling a more open policy.
If the SEC takes action and fundamentally changes course, we could see two major impacts on the crypto market:
1. Regulatory Clarity – Clear rules would reduce legal uncertainty, allowing projects to innovate without the constant fear of surprise crackdowns.
2. Institutional Influx – Predictable regulation is exactly what major players want—think hedge funds, pensions, and corporate treasuries—which could bring in massive new capital to crypto.
Ultimately, if the SEC shifts from enforcement to facilitation, we might envision a smoother pathway, larger ETFs, and a stronger bridge between TradFi and DeFi. Exciting times ahead!