#CryptoRoundTableRemarks

The SEC’s Crypto Task Force held a roundtable on decentralized finance (DeFi), which is the fifth and last roundtable in the task force’s “Spring Sprint Toward Crypto Clarity” series addressing the regulation of crypto assets. In his opening remarks, SEC Chairman Paul Atkins commented on the roundtable’s title, “Defi and the American Spirit,” which he argued was “apt” because it emphasized “the American values of economic liberty, private property rights, and innovation.” Mr. Atkins further stressed the importance of blockchain technology to the DeFi movement. For example, he indicated that blockchains “are a very creative and potentially revolutionary innovation that have us rethinking evidence of ownership and transfer of intellectual and economic property rights.