#CryptoRoundTableRemarks At the SEC's inaugural Crypto Task Force roundtable on March 21, 2025, Acting Chairman Mark Uyeda emphasized the complexities of applying the Howey test to digital assets, highlighting the need for clarity in classifying crypto under federal securities laws. [1] Commissioner Hester Peirce advocated for a collaborative approach to develop a functional regulatory framework, stressing the importance of addressing foundational questions about security status and the role of decentralization. [2] Commissioner Caroline Crenshaw cautioned against weakening existing investor protections, urging careful consideration of the implications of redefining securities in the context of crypto assets. [3] The roundtable marks a significant step toward establishing a balanced regulatory environment that fosters innovation while safeguarding market integrity. Participants are closely monitoring the BTC/USDT pair as regulatory developments continue to influence market dynamics.