#SECCryptoRoundtable The U.S. Securities and Exchange Commission (SEC) recently initiated a series of public roundtable discussions, collectively referred to as the "SEC Crypto Roundtable," to address the regulatory landscape of cryptocurrency assets. The inaugural session, titled "Defining Security Status," took place on March 21, 2025, at the SEC's headquarters in Washington, D.C.
Objectives and Discussions:
The primary goal of these roundtables is to establish a clear regulatory framework for cryptocurrencies, moving beyond enforcement-driven approaches to collaborative rule-making. During the initial session, participants engaged in in-depth discussions on several critical topics:
Defining a Security: Debates centered on the applicability of existing securities laws to crypto assets, considering their unique characteristics.
Decentralization: The extent to which a crypto asset's decentralization affects its classification under securities law was a focal point, with discussions on how decentralization impacts the expectation of profits derived from others' efforts.
Regulatory Framework: The necessity for a tailored regulatory approach was considered, aiming to balance innovation with investor protection.
