The SEC’s crypto task force, led by Hester Peirce, is actively meeting with digital asset companies to develop new regulations for the industry. A recent meeting on April 24th between the task force and Ondo Finance (ONDO) and law firm Davis Polk & Wardwell focused on creating regulatory guidelines for tokenizing US assets, focusing on how blockchain-based systems can comply with existing financial regulations. The session aimed to develop regulatory sandboxes or relief options that would foster innovation within the current compliance framework. 0n April 24th, the task force met with Ondo Finance and law firm Davis Polk & Wardwell. This discussion centered around rules for tokenizing US assets and how blockchain-based systems could comply with existing financial regulations. The session focused on creating regulatory sandboxes or relief options that would encourage innovation within the current compliance framework.