The SEC’s nationwide cryptocurrency roadshow ignites unprecedented involvement in regulatory, highlights grassroots innovators, and shows potential changes towards comprehensive, collaborative policymaking for digital assets.
SEC’s Crypto Task Force Roadshow has begun, targeting grassroots innovation
The U.S. Securities and Exchange Commission (SEC) shared on social media platform X on August 22 that its crypto task force has already launched a series of events nationwide called “Crypto Task Force: On the Road.” The SEC explained:
The SEC’s Crypto Task Force is colliding with roads and holding a series of roundtables across the country, providing the opportunity for additional stakeholders to provide feedback and contact from representatives of crypto-related projects.
The initiative is based on five early roundtables held in Washington, DC, and aims to enable more stakeholders to provide input.
The agency stressed its intention to engage in small projects, saying, “The Cryptographic Task Force wants to hear from those who were unable to travel due to the Round Table, and from voices that may have historically been underestimated by other policy-making efforts.
The meeting began in Berkeley on August 4th, followed by Boston on August 19th. It includes Chicago in New York City on September 4th and September 15th, Los Angeles on October 25th, Cleveland on October 29th, Scottsdale on October 29th, November 12th and December 5th.
Noting that demand could exceed availability, the SEC highlights its commitment to providing alternatives, saying:
The Cryptographic Task Force may not be able to meet all parties, but is committed to providing many paths for engagement, including written input.
Roadshow is upon a time when scrutiny of crypto regulations has increased, and while the SEC often faces criticism to highlight enforcement, this outreach may take a step towards more collaborative policy decisions. Advocates of Crypto Innovation argue that direct involvement with regulators is necessary to balance investor protection and space for technological growth.
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