#CryptoRoundTableRemarks CryptoRoundTableRemarks The US Securities and Exchange Commission (SEC) recently held a crypto roundtable discussion, focusing on custody issues related to cryptocurrencies. The event was part of the SEC's "Spring Sprint Toward Crypto Clarity" initiative, aimed at integrating crypto assets into the regulatory structure.

*Key Discussion Points:

- *Custody Through Broker-Dealers and Beyond*: The panel explored the challenges of custodial arrangements for crypto assets, including the role of broker-dealers.

- *Investment Adviser and Investment Company Custody*: The discussion also covered the specific requirements and regulations for investment advisers and companies dealing with crypto assets.

*Notable Panelists:

- *Zach Zweihorn*, Partner at Davis Polk & Wardwell LLP, moderated the event.

- *Jason Allegrante*, Chief Legal and Compliance Officer at Fireblocks.

- *Rachel Anderika*, Global Head of Operations at Anchorage Digital Bank.

- *Terrence Dempsey*, Head of Product at Fidelity Digital Asset Services.

- *Mark Greenberg*, Head of Global Asset Growth and Management division at Kraken.

*SEC's Stance on Crypto Regulation

The SEC, under Acting Chair Mark Uyeda, has been working to create a clear regulatory framework for crypto assets. This includes ¹:

- *Temporary Regulations*: Uyeda suggested introducing temporary regulations to provide clarity for the digital asset sector.

- *Increased Transparency*: The SEC aims to ensure both on-chain and off-chain crypto transactions comply with the same trade reporting standards as traditional securities.

*Contrasting Views

Some lawmakers, like Congressman Brad Sherman, have expressed strong opposition to cryptocurrencies, citing concerns over their potential use for illicit activities and threats to national security