SEC Engages Crypto Leaders in Policy Discussions
The SEC’s newly formed crypto task force has been meeting with influential figures in the crypto space.
Michael Saylor Meets SEC Task Force
On February 21, Michael Saylor, founder of MicroStrategy, met with the Securities and Exchange Commission’s (SEC) newly formed crypto task force to discuss the regulatory future of digital assets.
The meeting focused on key challenges surrounding crypto regulation. Saylor provided supporting documents outlining his approach to regulation, which were reviewed with SEC officials.
According to records, the conversation covered a proposed framework for digital assets, focusing on:
- Establishing a clear taxonomy
- Legitimacy through rights and responsibilities
- Practical compliance to promote innovation
The discussion highlighted the opportunity for the United States to lead the global digital economy, unlock trillions in value, and strengthen the US dollar through strategic policies.
Robinhood’s Policy Meeting with the SEC
Earlier, on February 19, 2025, Robinhood Markets representatives also met with the SEC’s task force. Their discussions centered on improving crypto regulations, emphasizing:
- Clearer rules for registration
- Strengthening anti-fraud protections
- Improved custody regulations
This meeting took place just days before the SEC concluded its investigation into Robinhood’s crypto services. The SEC informed Robinhood that no further enforcement action would be taken regarding its crypto activities.
SEC’s Changing Stance on Crypto
The conclusion of the Robinhood case marked a shift in the SEC’s stance. Several high-profile cases, including those against Coinbase and OpenSea, were reportedly dropped.
These meetings reflect the SEC’s evolving approach, moving away from a “regulation by enforcement” strategy, which had drawn criticism from the crypto industry.
Under Chair Gary Gensler, the SEC had been strict on crypto, categorizing many tokens as securities and urging firms to register. However, under new leadership, the agency appears to be adopting a more crypto-friendly stance, halting numerous enforcement actions and reconsidering key cases.
