SEC Launches Nationwide Crypto Roundtables: Regulatory Storm or Progress in Disguise?
The SEC is taking its crypto roadshow nationwide—but is this a genuine dialogue or just regulatory theater?
Subheader: From Coast to Coast, a Regulatory Listening Tour
Gary Gensler’s team will host town halls in major financial hubs, ostensibly to 'engage' with industry players. Skeptics whisper it’s more about optics than overhaul—after all, the SEC still hasn’t greenlit a spot Bitcoin ETF. (Wall Street bankers, meanwhile, are placing bets on how many 'Howey Test' mentions each session will generate.)
Subheader: The Elephant in the Room: Enforcement vs. Clarity
With over $2B in crypto fines levied since 2023, these roundtables land like a boxer offering to 'discuss' rules mid-fight. The agenda? Unclear. The outcome? Likely another masterclass in bureaucratic judo—where every industry concern gets gracefully deflected into a 12-month 'study period.'
Closer: Whether this tour produces meaningful policy or just PowerPoint fatigue, one thing’s certain—the SEC won’t let a little thing like blockchain’s borderless nature stop it from holding very geographical meetings.
“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., and may not have had a voice in past policymaking efforts,” said Commissioner Peirce. “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.”
The tentative schedule of the SEC’s crypto roundtables is below:
- August 4: Berkeley, Calif.
- August 19: Boston
- September 4: Dallas
- September 15: Chicago
- September 25: New York City
- October 3: Irvine, Calif.
- October 24: Cleveland
- October 29: Scottsdale, Ariz.
- November 12: New York City
- December 5: Ann Arbor, Mich.
Per the SEC, interested parties can request to join the Crypto Task Force’s roundtable conversations in any of the above cities. To request an invitation, email [email protected] with the subject line “Crypto on the Road” and include the name of the city where you want to meet.