The US Securities and Exchange Commission (SEC) has launched a program to meet with small cryptocurrency businesses nationwide to enhance dialogue and improve the legal framework.

The SEC conducts a series of workshops with cryptocurrency businesses having fewer than 10 employees and operating for less than 2 years, aiming to gather diverse opinions and avoid focusing on well-known large Web3 projects.

MAIN CONTENT

  • The SEC organizes dialogues with small cryptocurrency businesses in various US cities.

  • Prioritizing the opinions of projects under 2 years and having fewer than 10 employees.

  • The initiative to promote a suitable legal framework and support the application of Blockchain technology in the US financial market.

Which cities will the SEC visit in the Crypto Task Force program?

The SEC has scheduled workshops with small partners in the cryptocurrency sector across multiple key regions in the United States.

In August, Commissioner Hester Peirce will lead a meeting in Berkeley, California on the 4th. Subsequently, the Crypto Task Force will hold a workshop in Boston on the 19th. In September, events will take place in Dallas (4/9), Chicago (15/9), and New York (25/9).

In October, there will be meetings in Irvine (3/10), Cleveland (24/10), and Scottsdale, Arizona (29/10). In November and December, there will be sessions in New York (12/11) and Ann Arbor, Michigan (5/12).

What does the SEC hope to achieve through this series of workshops?

This is an effort to gather diverse perspectives from small businesses, ensuring that the legal framework is not only for large projects but also suitable for startups and small teams.

Commissioner Peirce emphasized the importance of ensuring comprehensive dialogue so that regulations are designed appropriately, avoiding negative impacts on innovation in the cryptocurrency sector.

The Crypto Task Force is deeply aware that any legal framework has extensive impacts, so we aim to enhance the most comprehensive engagement possible.

Hester Peirce, SEC Commissioner, 4/8/2025

Listening directly to small businesses helps the SEC better assess actual needs and challenges, not just relying on opinions from well-known or large-scale projects.

What key developments has the SEC recently undertaken?

Under the administration of former President Donald Trump, the SEC proactively promoted the application of digital assets in the traditional financial market.

Recently, the SEC coordinated with Ripple Labs to submit a request to end a four-year lawsuit, demonstrating progress in the relationship between the regulator and cryptocurrency businesses.

Chairman Paul Atkins has also announced the ‘Project Crypto’ initiative to modernize securities laws, integrating Blockchain into the US financial market. The SEC is also actively working with fund managers on the issuance of spot cryptocurrency ETFs, opening up the possibility of a booming ETF season.

We are committed to modernizing securities regulations and facilitating the effective operation of Blockchain in the US financial market.

Paul Atkins, SEC Chairman, July 2025

Frequently Asked Questions

What is the SEC and its role in the cryptocurrency sector?

The SEC is the US securities regulatory agency, responsible for establishing and overseeing the legal framework related to cryptocurrency to protect investors and create a transparent market.

Who does the SEC's Crypto Task Force focus on?

The group focuses on engaging with small cryptocurrency businesses with fewer than 10 employees and operating for less than 2 years to gather more diverse opinions.

Why does the SEC hold these workshops in multiple cities?

Organizing in multiple locations helps the commission reach more businesses, gather direct feedback, and understand the state of the cryptocurrency market in various regions.

What is the SEC's ‘Project Crypto’?

‘Project Crypto’ is an initiative to modernize securities laws and integrate Blockchain technology to support the healthy development of the US financial market.

What impact does organizing workshops have on cryptocurrency investors?

These dialogues help refine the legal framework, contributing to enhanced safety and transparency for cryptocurrency investors in the United States.

Source: https://tintucbitcoin.com/sec-crypto-task-force-to-chuc-toa-dam/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!