SEC’s Crypto Task Force Hosts Critical Roundtable on Surveillance vs. Privacy

Regulators finally wake up to the crypto conversation they've been avoiding for years.

The Balancing Act

Wall Street's watchdogs dive headfirst into the digital asset debate—surveillance versus privacy takes center stage as the SEC's specialized crypto unit gathers industry voices. They're tackling the trillion-dollar question: How much oversight can the market bear before innovation gets strangled?

Market Realities

Traditional finance veterans smirk from their leather chairs—another government committee meeting while decentralized networks process billions without asking permission. The irony isn't lost on crypto natives who've built functioning surveillance systems that don't require middlemen taking 40% cuts.

This isn't theoretical anymore. Privacy chains process transactions worth millions while regulators still debate jurisdiction. The gap between bureaucratic pace and blockchain velocity keeps widening—and frankly, the market isn't waiting for permission.

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Bryan Bedford, an administrator with the FAA, spilled the tea on Boeing’s current status with the production cap. He said, “Progress is being made. It may not be as fast perhaps as Boeing would like but it is as fast as we can reasonably MOVE through the process.” Bedford noted that the progress seen has been encouraging, but there is still, apparently, more data that needs to be provided in order to answer several questions.

It can be hard to see that progress, of course, when it functionally changes nothing despite the cap being in place for nearly two years now. What else can they possibly need to see? Bedford answered that rhetorical question by saying, “This is going to be a bottom-up process—front-line FAA team that’s really on them to make the recommendation of whether they feel like we’ve reached some of the milestones that would warrant any kind of change. None of those recommendations have come up yet. That tells me the work is still ongoing.”

Aerial Refueled Drones

That was not great news for Boeing, but something a little more encouraging did get out. Specifically, it is about the MQ-28 Ghost Bat, the drone aircraft designed to be a “wingman” unit for fighters. A new version recently emerged offers a novel new feature: mid-air refueling capabilities. A model was seen with a receptacle on its fuselage that would let a flying tanker refuel the aircraft.

The move comes with trade-offs. While the refueling capability would allow the Ghost Bat to extend its operations time, as well as its potential reach, it would also make each model more expensive. Still, with the potential versatility of the Ghost Bat, a little extra expense might not faze many potential buyers.

Is Boeing a Good Stock to Buy Right Now?

Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 44.28% rally in its share price over the past year, the average BA price target of $261.72 per share implies 13.87% upside potential.

Disclosure