The US Securities and Exchange Commission is hosting a high stakes conversation with crypto and traditional banking leaders. This is a significant change in how the SEC deals with the crypto industry. “Between a Block and a difficult Place; Tailoring Regulation for Crypto Trading” is the title of the event that will happen on April 11. It is the second in the SEC’s bold “Spring Sprint Towards Crypto Clarity” series. Surprisingly, some of the participants are from companies that were previously being watched by the SEC. This shows that working together has changed under the Trump government.
Connect to Crypto Titans
The group will have important people from Uniswap Labs, Coinbase, and Cumberland DRW. Chief Legal Officer at Uniswap Labs Katherine Minarik, VP of Institutional Product at Coinbase Gregory Tusar, and Associate General Counsel at Cumberland DRW Chelsea Pizzola will talk about the rules that govern crypto trade. Before, these companies were all sued or investigated by regulators. Recent policy revisions excused Coinbase and Cumberland DRW lawsuits and an SEC examination into Uniswap Labs.
A Mix of Business and Academia
Some of the people the SEC has asked are from traditional finance and academia. These include Jon Herrick, product chief at the New York Stock Exchange, and Christine Parlour, chair of finance at the University of California, Berkeley. Their addition shows how standard financial markets and blockchain based systems are becoming more connected, and it shows that the SEC wants to make policies that cover everyone.
SEC Reformation
With help from Trump’s order to loosen regulations and advice from the Department of Government Efficiency (DOGE), acting chair Mark Uyeda, and other officials, the SEC is reviewing some old staff reports on digital assets. Uyeda stated on April 5 that existing rules, such as Howey Test readings, are being evaluated to keep up with crypto.
Conclusion
The April 11 roundtable could be a turning point in U.S. crypto oversight because it will bring together top crypto and finance leaders to talk with officials. As people stop fighting and start working together, the SEC’s efforts could finally begin a new era of “balanced, effective regulation” that protects investors and encourages new ideas.
