#CryptoRoundTableRemarks

Policy Trajectory Snapshot

Area Declaration / Proposal

Security Status Hierarchical taxonomy under Howey, carving out exemptions for memecoins & mining.

Tokenization Clearer issuance protocols, custody flexibility, and hybrid trading rules. Innovation exemptions proposed.

DeFi Shift from regulating code to regulating activities; mandatory disclosure; risk-targeted oversight.

Treasury Focus on stablecoin safety, illicit finance controls, cybersecurity integration.