The #美SEC加密圆桌会议 U.S. Securities and Exchange Commission (SEC) Cryptocurrency Roundtable is an important meeting convened by the SEC to address cryptocurrency regulatory issues. The following is a related introduction:

Background

In the context of global cryptocurrency market volatility and adjustments in the SEC's internal structure and regulatory thinking, the SEC established a special working group on cryptocurrencies in 2025 and plans to hold a series of meetings to shift cryptocurrency regulation policies from 'enforcement-led' to 'co-creation of rules'.

First Meeting Situation

- Meeting Theme: 'How Did We Get Here and How Do We Move Forward - Defining Securities Status'.

- Meeting Time and Place: March 21, 2025, SEC Headquarters in Washington, D.C.

- Participants: Executives from leading institutions such as Coinbase and Circle, as well as 12 lawyers and scholars.

- Meeting Purpose: To establish a clearer regulatory framework through in-depth dialogue with the industry, prioritizing the classification of certain tokens as 'non-securities' and providing a clear path for compliant projects.

- Discussion Topics: Including the legal attributes of crypto assets, registration pathways, transparency and disclosure requirements, enforcement priorities, etc.

Impact

A clear regulatory framework will support the legitimacy of cryptocurrencies, attract more traditional investors into the market, and promote market maturity and stability. Changes in the SEC's attitude may also influence regulatory policies in other countries, advancing the normalization process of the global cryptocurrency market.