#CryptoRoundTableRemarks

In the context of ongoing efforts to develop an effective regulatory framework for digital currencies, the U.S. Securities and Exchange Commission (SEC) organized a roundtable discussion titled "Crypto Roundtable" on March 21, 2025, aimed at discussing the legal challenges associated with classifying digital assets under federal securities laws.

The session was chaired by Acting Commissioner Mark T. Uyeda, who noted that digital assets, such as Bitcoin, represent a new class of assets that do not fit neatly into traditional classifications of securities or commodities. The session highlighted the need to develop clear regulatory standards that balance investor protection with fostering innovation in this sector.

Among the prominent participants was Republican Commissioner Hester Peirce, who called for a technology-neutral approach to regulating digital assets, emphasizing the importance of focusing on the economic reality of the assets rather than traditional legal relationships between issuers and investors. On the other hand, Democratic Commissioner Caroline Crenshaw expressed her concerns that the lack of clear regulation could undermine investor protection.

Despite the importance of the session in opening a discussion on the future of digital asset regulation, some considered that the dialogue revolved around traditional legal issues without providing practical solutions to current challenges.