SEC Crypto Roundtable Highlights Regulatory Clarity Needs Amidst Divergent Views

On March 21, the U.S. Securities and Exchange Commission (SEC) convened its inaugural crypto task force roundtable, focusing on the pressing need for regulatory clarity within the crypto space. Despite differing opinions among panelists—ranging from crypto advocates to skeptics—a consensus emerged that the U.S. requires clearer regulations for digital assets. Discussions centered on classifying digital assets and the applicability of existing securities laws to decentralized technologies. Advocates proposed decentralization as a key factor in determining whether a token is a security, while skeptics defended the Howey Test's continued relevance. The event signals a potential shift from the SEC's previous stance under Gary Gensler, and marks the start of a reassessment process aimed at modernizing the agency's approach to crypto markets while balancing innovation with investor protection.