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Executives from leading U.S. cryptocurrency and finance firms are set to participate in the U.S. Securities and Exchange Commission’s (SEC) upcoming roundtable, which will address the evolving landscape of crypto trading regulations. The event, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” is scheduled for April 11 at SEC headquarters in Washington, D.C.

Key Participants in the Crypto Roundtable

The roundtable will be spearheaded by Commissioner Hester Peirce, who leads the SEC’s newly established Crypto Task Force. Among the notable names joining the discussion are:

  • Katherine Minarik, Chief Legal Officer at Uniswap Labs
  • Gregory Tusar, Vice President of Institutional Product at Coinbase
  • Chelsea Pizzola, Associate General Counsel at Cumberland DRW
  • Austin Reid, Global Business Head at FalconX
  • Richard Johnson, CEO of Texture Capital

Additionally, representatives from traditional finance and academia will also participate, including Jon Herrick, Product Chief at the New York Stock Exchange, and Christine Parlour from UC Berkeley. Advocates such as Dave Lauer of We the Investors and Tyler Gellasch of the Healthy Markets Association will also lend their perspectives.

Agenda and Schedule

The event will run from 1 p.m. to 5 p.m. ET, featuring an open roundtable discussion followed by a session on regulatory direction. During these discussions, participants will provide insights on how the SEC should approach oversight of the cryptocurrency industry.

Part of the SEC’s “Spring Sprint Toward Crypto Clarity”

This session marks the second in the SEC’s five-part series, dubbed the “Spring Sprint Toward Crypto Clarity.” The first roundtable, held on March 21, focused on the legal classification of crypto assets. These events are part of the SEC’s broader effort to refine its approach to regulating the rapidly growing cryptocurrency sector.

Documents Under Review by the SEC

Amid these discussions, the SEC is reviewing several past staff statements, five of which are directly related to cryptocurrency. Among the documents being assessed are:

  • A 2019 framework outlining when crypto sales might qualify as securities under the Howey Test
  • Guidance on the risks associated with Bitcoin futures funds
  • A statement addressing whether state-chartered banks can act as qualified custodians for crypto assets

Acting SEC Chair Mark Uyeda noted on April 5 that this review aligns with efforts to streamline regulations and respond to directives from the Department of Government Efficiency.

Galaxy Digital’s Regulatory Progress

In related developments, the SEC recently approved a Form S-4 submitted by Galaxy Digital, a crypto-focused financial firm. The approval is tied to the company’s plans to relocate its base from the Cayman Islands to Delaware and establish a new U.S. holding company, Galaxy Digital Inc.

As the cryptocurrency industry continues to grow, these roundtables and regulatory reviews highlight the SEC’s commitment to fostering clarity and oversight in the sector. Investors and enthusiasts alike are closely monitoring these developments, as they could shape the future of crypto trading and investment in the United States.

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