#CryptoRoundTableRemarks

I see that the new direction of the U.S. Securities and Exchange Commission (SEC) towards a rules-based regulatory framework, instead of focusing on penalties, is a positive step that has been needed for a long time. The cryptocurrency sector has suffered from legal ambiguity that has confused companies and investors, leading to a slowdown in innovation and the flight of some projects to other countries with clearer regulatory environments.

Having a clear and logical framework will enhance investor confidence and provide startups with a stable environment for growth. Additionally, moving away from an "enforcement first" approach demonstrates maturity in understanding the nature of the digital market and reflects a genuine desire to regulate it rather than suppress it.

If this framework is implemented transparently and in collaboration with the sector, it could indeed be the real beginning of building a safe, organized, and thriving crypto market in the United States.