U.S. SEC Establishes Dedicated Crypto Task Force, Prepares to Discuss Financial Surveillance and Privacy
The U.S. Securities and Exchange Commission (SEC) continues to demonstrate its deep interest in the digital asset market, recently announcing it will hold a public roundtable focused on financial surveillance and privacy. The event is scheduled for October 17 at SEC headquarters in Washington D.C., chaired by Commissioner Hester Peirce. This will be the sixth roundtable in a series of crypto discussion events the SEC has held since former Chairman Gary Gensler left office. According to Peirce, developing a clear understanding of pri
The U.S. Securities and Exchange Commission (SEC) continues to demonstrate its deep interest in the digital asset market, recently announcing it will hold a public roundtable focused on financial surveillance and privacy. The event is scheduled for October 17 at SEC headquarters in Washington D.C., chaired by Commissioner Hester Peirce.
This will be the sixth roundtable in a series of crypto discussion events the SEC has held since former Chairman Gary Gensler left office. According to Peirce, developing a clear understanding of privacy-protection tools in the financial sector will help the SEC and other regulators craft appropriate policy solutions for the digital asset market.
In addition, the SEC is reviewing a range of significant regulatory changes, including the introduction of "exemptions and safe harbors" for crypto issuance and trading activities, along with adjustments to broker-dealer regulations aimed at easing the compliance burden on companies operating in the U.S.
This move is seen as consistent with the broader trend, as both the SEC and the Commodity Futures Trading Commission (CFTC) have recently signaled a more accommodating approach. The two agencies are collaborating to explore the feasibility of building 24/7 capital markets, while also seeking a more transparent regulatory framework for the crypto market and related derivative products.
Notably, all efforts by the SEC and CFTC may ultimately be shaped by the Digital Asset Market Structure Reform Act (Responsible Financial Innovation Act), currently under consideration by the U.S. Congress. According to Senator Cynthia Lummis, the bill could be signed into law before 2026 — paving the way for a more comprehensive regulatory framework for crypto in the United States.