The U.S. Securities and Exchange Commission (SEC) is holding a crypto custody roundtable in Washington D.C., focusing on integrating digital assets into existing regulatory frameworks. The event brings together industry leaders, SEC commissioners, and representatives from prominent crypto firms to address challenges with safe and compliant custody practices. 🗣️ This initiative signifies a shift away from solely enforcement-based approaches, prioritizing collaboration to ensure clarity in rules and regulations.
The roundtable is expected to impact institutional crypto custody practices and potentially boost market confidence by clarifying rules that could influence regulatory adaptations for crypto custodians. 🙌
Previous SEC roundtables aiming to clarify crypto regulation have often spurred market dialogue without immediate policy shifts. This time, the results may lead to gradual adjustments in regulatory landscapes, potentially bolstering market integrity and attracting more institutional investors.