Emre Yumlu 
The SEC will hold a discussion on its approach to crypto, focusing on how to legally define digital assets.
SEC to Host Roundtable on the Security Status of Digital Assets
The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force is set to hold a roundtable later this month focused on the “security status” of digital assets.
This announcement coincides with the agency revealing its staffing lineup for the task force, which includes a former major law firm crypto attorney alongside long-serving SEC personnel.
On March 3, the SEC announced a series of roundtables, dubbed the “Spring Sprint Toward Crypto Clarity,” to be held at its Washington, D.C. headquarters.
The first roundtable will kick off on March 21 with a discussion titled “How We Got Here and How We Get Out — Defining Security Status.”
Crypto Task Force leader Commissioner Hester Peirce said, “I look forward to drawing on the expertise of the public in developing a workable regulatory framework for crypto.”
SEC’s Acting Chairman Mark Uyeda launched the Crypto Task Force in late January to develop a crypto framework for the agency. One of President Donald Trump’s promises was to ease regulatory enforcement of the crypto industry.
Crypto Task Force Announces New Chief Counsel and Ends Kraken Lawsuit
The agency has recently dropped several lawsuits launched during the Biden administration, including its March 3 dismissal of the lawsuit against crypto exchange Kraken.
The SEC also announced the 14 members of its Crypto Task Force on the same day, naming Michael Selig as its Chief Counsel. Selig was a partner at Willkie Farr & Gallagher, where he advised crypto, NFT, and stablecoin firms. Former CFTC Chairman Chris Giancarlo congratulated Selig.
Crypto Task Force Personnel Appointments and Future Steps
Peirce’s former policy counsel, Sumeera Younis, was appointed the task force’s operations chief. Peirce stated that the crypto task force demonstrates deep expertise and enthusiasm in identifying workable solutions to crypto regulatory problems with support from the SEC staff and the public.
Last month, Uyeda made several personnel appointments to the task force.
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