#CryptoRoundTableRemarks Crypto Roundtable remarks are focused on discussing regulatory frameworks for the crypto industry. Key topics include ¹ ² ³:
- *Regulatory Clarity*: Commissioner Hester Peirce emphasized the need for clear regulations to support innovation while ensuring investor protection. She compared the current regulatory environment to a game of "The Floor is Lava," where firms are forced to navigate legal gray areas.
- *Custody Rules*: The SEC is exploring whether current custody rules fit the reality of crypto markets, particularly around self-custody, smart contracts, and tokenized securities. Commissioner Caroline Crenshaw highlighted the importance of robust custody rules to protect investors.
- *DeFi and Innovation*: The roundtable discussed decentralized finance (DeFi) and its potential to promote economic liberty, private property rights, and innovation. SEC Chair Paul Atkins expressed support for affording greater flexibility to market participants to self-custody crypto assets.
- *Investor Protection*: The SEC aims to balance innovation with investor protection, with Chair Atkins directing staff to consider a conditional exemptive relief framework or "innovation exemption" to encourage developers and entrepreneurs to innovate with on-chain technologies