On September 9, representatives from Sidley Austin LLP met with the SEC’s Crypto Task Force to discuss the role of Sui in the broader digital asset space and the potential regulatory framework for blockchain projects like Sui. The discussions highlighted Sui’s high-throughput and low-latency network architecture designed for decentralized products. Notably, they touched upon the Sui Name Service, DeepBook trading layer, and Walrus storage protocol. Mysten emphasized its interest in shaping regulations that foster innovation while ensuring compliance. This meeting coincides with the SEC’s looming deadlines on ETF filings from 21Shares and Canary seeking to list funds based on spot SUI prices. While the SEC has been delaying rulings, final decisions are approaching. Industry observers believe Mysten’s engagement aimed to underline Sui’s contributions and advocate for flexible regulatory pathways like exemptive relief and tailored disclosure standards. This engagement reflects increasing pressure from U.S. regulators to provide clarity on digital asset policies, as exemplified by the Trump administration’s focus on advancing these areas. The outcome of the Sui ETF review could significantly impact how emerging blockchain projects access U.S. markets.