#SECCryptoRoundtable

#SECCryptoRoundtable

The U.S. Securities and Exchange Commission (SEC) held its first cryptocurrency roundtable on March 21, 2025, marking a crucial step in shaping digital asset regulations. The event brought together legal experts, former officials, and industry leaders to discuss regulatory strategies that balance innovation with investor protection.

During the discussion, Miles Jennings, general counsel of a16z Crypto, criticized the SEC’s past regulatory approach, arguing that it failed to protect investors or create efficient markets. He called for a more effective framework that fosters the long-term growth of the crypto industry.

On the other hand, John Reed Stark, former director of the SEC’s Office of Internet Enforcement, opposed adjusting existing securities laws for cryptocurrencies. He insisted that digital assets must comply with current regulations to ensure investor protection.

Commissioner Hester Peirce, head of the SEC’s Cryptoasset Working Group, described the initiative as a “reconfiguration” of the agency’s regulatory stance. She stressed the need for a framework that encourages innovation while maintaining investor security.

This roundtable is the first in a series of discussions aimed at resolving regulatory uncertainties in the cryptocurrency market. The SEC’s goal is to establish clear guidelines that promote responsible industry growth while protecting market participants.

Regulators and the crypto community alike hope these discussions will lead to balanced policies that support innovation without compromising investor safety.