Connect with us

Published

on

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21.

The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto trading on April 11, the SEC said in a March 25 statement.

A roundtable on crypto custody will follow on April 25, with another to discuss tokenization and moving assets onchain on May 12. The fourth roundtable in the series will discuss DeFi on June 6.

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

A series of four crypto roundtable discussions are scheduled from April through to June. Source: SEC

“The Crypto Task Force roundtables are an opportunity for us to hear a lively discussion among experts about what the regulatory issues are and what the Commission can do to solve them,” said SEC Commissioner Hester Peirce, the task force lead.

The specific agenda and speakers for each roundtable have yet to be disclosed, but all are open for the public to watch online or to attend at the SEC’s headquarters in Washington, DC.

SEC softens on crypto with new leadership

The agency’s Crypto Task Force was launched on Jan. 21 by acting SEC Chair Mark Uyeda. It’s tasked with establishing a workable crypto framework for the agency to use. 

The task force held its first roundtable on March 21 with a discussion titled “How We Got Here and How We Get Out — Defining Security Status.”

The SEC will also be hosting a roundtable about AI’s role in the financial industry on March 27, according to a March 25 release. 

The roundtable will discuss the risks, benefits, and governance of AI in the financial industry, with Uyeda, Peirce and fellow SEC Commissioner Caroline Crenshaw slated to speak.

Under the Trump administration, the SEC has slowly been walking back its hardline stance toward crypto forged under former SEC Chair Gary Gensler.

The regulator has dismissed a growing number of enforcement actions against crypto firms it launched under Gensler.

Related: Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US

Uyeda, who took the reins after Gensler resigned on Jan. 20, flagged plans on March 17 to scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers.

Uyeda also said in a March 10 speech that he had asked SEC staff for options to abandon part of proposed changes that would expand regulation of alternative trading systems to include crypto firms, requiring them to register as exchanges. 

Magazine: SEC’s U-turn on crypto leaves key questions unanswered 

Continue Reading

Politics

EthereumMax investors secure partial win in class-action lawsuit

Published

on

By

EthereumMax investors secure partial win in class-action lawsuit

EthereumMax investors secure partial win in class-action lawsuit

Four state-level lawsuits against three celebrities and individuals tied to the EMAX token may proceed after a California judge’s ruling.

Continue Reading

Politics

Funding effort for Roman Storm grows as defense preps for possible retrial

Published

on

By

Funding effort for Roman Storm grows as defense preps for possible retrial

Funding effort for Roman Storm grows as defense preps for possible retrial

Donations to the embattled software developer increased after Wednesday’s partial verdict and the possibility of a retrial.

Continue Reading

Politics

JD Vance warns against UK going down ‘dark path’ of losing free speech during meeting with David Lammy

Published

on

By

JD Vance warns against UK going down 'dark path' of losing free speech during meeting with David Lammy

JD Vance has said he does not want the UK to go down a “very dark path” of losing free speech during a meeting with the foreign secretary at his country estate.

The US vice president has previously raised concerns that free speech is being eroded in the UK.

However, during a two-day visit to David Lammy’s grace and favour 115-room mansion, Chevening House in Kent, Mr Vance kept his criticism a bit more low key.

Asked about free speech in the UK during a televised meeting of the two men, Mr Vance said he has “raised concerns” about free speech in his own country and accused the West of “censoring rather than engaging” with different opinions.

He said: “I think the entire collective West, the transatlantic relationship, our NATO allies, certainly the United States under the Biden administration, got a little too comfortable with censoring rather than engaging with a diverse array of opinions. So that’s been my view.

“Obviously, I’ve raised some criticism, concerns about our friends on this side of the Atlantic.

“But the thing that I’d say to the people of England or anybody else, to David, is many of the things that I worry most about were happening in the United States from 2020 to 2024.

“I just don’t want other countries to follow us down what I think was a very dark path under the Biden administration.”

Mr Lammy, who has struck up the unlikely relationship over the past few months, did not comment on Mr Vance’s indirect criticism.

The two politicians went fishing on the Chevening estate. Pic: Reuters
Image:
The two politicians went fishing on the Chevening estate. Pic: Reuters

Mr Vance revealed he caught a few fish but Mr Lammy was not so successful. Pic: Reuters
Image:
Mr Vance revealed he caught a few fish but Mr Lammy was not so successful. Pic: Reuters

In February, when Sir Keir Starmer was carrying out a similar televised meeting with Donald Trump in the Oval Office, Mr Vance said “infringements on free speech” now do not just affect the British, but also American tech companies – “and by extension American citizens”.

Sir Keir quickly interjected, saying: “We’ve had free speech for a very long time, it will last a long time, and we are very proud of that.”

Mr Vance and his family are staying with Mr Lammy at Chevening for two days before heading to the Cotswolds for a summer holiday.

The vice president was effusive in his praise for the grand estate that comes with Mr Lammy’s job, saying “being here lifts up the human spirit” as he thanked the “people of England” for having such a “beautiful place for foreigners like me to come and talk about the issues of the day”.

He added that he “loves the UK”.

Read more:
MP alerts coastguard to ‘migrants’ – who were charity rowing team
Homelessness minister resigns after ‘extortionate’ rent hike claims

The two politicians went fishing ahead of their meeting, with Mr Vance revealing he caught a few, while all three of his children caught a fish but Mr Lammy did not.

He also said his children had fallen asleep on the floor of the large house, and his three-year-old daughter kept asking if she would see Mr Lammy’s daughter.

Mr Lammy posted a picture of him and Mr Vance laughing as they fished, saying it was a “real pleasure” to welcome the Vance family and the vice president “gave me fishing tips, Kentucky style”.

JD Vance confirmed he will holiday in Scotland next week in a trip that could see up to 1,000 police officers deployed as part of security efforts.

He confirmed his Scottish trip during talks with Mr Lammy on Friday.

Sky News understands the Vance family are likely to visit Ayrshire, the same area where Mr Trump recently stayed where he secured a trade deal with the European Union.

Police sources have suggested approximately 1,000 officers will be working across the visit to ensure the vice president and his loved ones are safe, Sky News’ Scotland correspondent Conner Gillies reported.

Police Scotland declined to comment on the specifics.

It is understood the Vance family will not be staying at Trump Turnberry, the luxury Ayrshire resort owned by the US president himself.

A Police Scotland spokesperson said: “Planning is under way for a potential visit to Scotland by the vice president of the United States.

“Details of any visit would be for the White House to comment on, however it is important that we prepare in advance for what would be a significant policing operation.”

Continue Reading

Trending