#CryptoRoundTableRemarks

White House Crypto Roundtable (June 12, 2024)

Attendees: SEC Chair Gary Gensler, CFTC Chair Rostin Behnam, Treasury Dept, Coinbase CEO, a16z

Key Takeaways:

Gensler’s Stance: "Most tokens are securities" – confirms SEC will continue enforcement (targeting DeFi next).

Behnam’s Push: Urged Congress to pass CFTC oversight for BTC/ETH to avoid regulatory vacuum.

Industry Ask: Clear rules for staking and stablecoins (Tether named as "top risk").

Outcome: No immediate policy shift, but talks on bipartisan crypto bill accelerated.