SEC Holds Meetings with Crypto Firms to Discuss Regulation

The US Securities and Exchange Commission (SEC) has continued its engagement with digital asset companies as it seeks to develop regulatory frameworks for the industry. The SEC’s crypto task force, led by Hester Peirce, recently held meetings with representatives from Ondo Finance and Davis Polk and Wardwell, firms involved in tokenized securities offerings and related ventures. These discussions focused on registration requirements, compliance with financial laws, and the potential for a regulatory sandbox environment.