Mysten Labs Engages SEC on SUI Blockchain Ahead of ETF Decisions
Mysten Labs, developer of the Sui blockchain, met with the SEC's crypto Task Force on September 9 to discuss regulatory frameworks for digital assets. The meeting comes as the agency reviews spot SUI ETF applications from 21Shares and Canary, highlighting increasing institutional interest in blockchain infrastructure.
Sui's technical capabilities took center stage during the discussions. Mysten Labs showcased the network's decentralized products including sui Name Service (SuiNS), DeepBook liquidity layer, and Walrus storage protocol—positioning Sui as a scalable, secure alternative to existing smart contract platforms.
The dialogue reflects growing regulatory scrutiny of blockchain projects with ETF potential. While no immediate decisions emerged, the engagement signals progress toward clearer compliance pathways for next-generation networks seeking mainstream adoption.