#SECCryptoRoundtable
On March 21, 2025, the U.S. Securities and Exchange Commission (SEC) convened its inaugural Crypto Task Force roundtable titled “How We Got Here and How We Get Out – Defining Security Status.” This event marked a pivotal shift in the SEC’s approach to cryptocurrency regulation, transitioning from litigation to collaborative rulemaking.  
Led by Acting Chairman Mark T. Uyeda and Commissioner Hester M. Peirce, the roundtable assembled industry experts to address the complex legal challenges of classifying crypto assets under federal securities laws. Discussions centered on the application of the Howey test—a framework established by the Supreme Court in 1946—to modern digital assets.  
This initiative aligns with the Trump administration’s broader strategy to reform cryptocurrency regulations, aiming to balance innovation with investor protection. The roundtable represents a significant step toward establishing a clear regulatory framework for the evolving crypto industry.