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SEC's Crypto Task Force Tours U.S. to Meet Startups

SEC's Crypto Task Force Tours U.S. to Meet Startups

Regulation

SEC’s Crypto Task Force Embarks on U.S. Tour for Policy Insights

The U.S. Securities and Exchange Commission (SEC) has launched a nationwide tour with its Crypto Task Force. The primary goal is to engage with small crypto startups and broaden the base of voices influencing crypto policymaking.

Commissioner Hester Peirce is leading the task force, which plans to visit 10 cities between August and December. This initiative was announced in a press release.

The sessions are specifically targeted at crypto projects that:

  • Have fewer than 10 employees
  • Have been in operation for under two years

Meetings will occur in several key cities, including Berkeley, Boston, Dallas, Chicago, and New York.

Objectives of the Crypto Task Force

According to Commissioner Peirce, this tour aims to include voices that were not present at the earlier roundtables in Washington, D.C.

"We want to hear from people who were not able to travel for the roundtables that took place this past spring in Washington, D.C.,” Peirce stated.

The task force recognizes the broad implications of crypto regulations and seeks comprehensive input to ensure balanced policies.

"The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible,” she added.

Background of the Task Force

The Crypto Task Force was established in January under acting SEC Chair Mark Uyeda. Its mandate is to develop clearer regulatory guidelines for the cryptocurrency sector.

Read more: SEC Commissioner Hester Peirce on the New Crypto Task Force

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