Industry Leaders to Weigh in on Crypto Regulation
Leading crypto and financial services industry professionals will meet at SEC headquarters in Washington, D.C., on April 11 to debate the future of U.S. crypto trading regulation.
The session, “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” will be moderated by Commissioner Hester Peirce, chair of the SEC’s Crypto Task Force.
Key Players on the Panel
- The roundtable will feature high-profile participants such as:
- Katherine Minarik, Chief Legal Officer, Uniswap Labs
- Gregory Tusar, VP of Institutional Product, Coinbase
- Chelsea Pizzola, Associate General Counsel, Cumberland DRW
- Austin Reid, Global Business Head, FalconX
- Richard Johnson, CEO, Texture Capital
- Jon Herrick, Product Chief, New York Stock Exchange
- Christine Parlour, Professor, UC Berkeley
- Dave Lauer, We the Investors
- Tyler Gellasch, Healthy Markets Association
The panel consists of both crypto-native firms and traditional financial institutions, which suggests a convergence of opinions on how the sector should be regulated.
A Broader Call for Clarity
This roundtable is one of five segments in the SEC’s “Spring Sprint Toward Crypto Clarity” series. The first session, which took place March 21, covered the legal classification of crypto assets.
The April 11 meeting will be from 1 p.m. to 5 p.m. ET and include a general discussion and a dedicated policy session on regulatory guidance.
Crypto Rules Being Overhauled
As a companion to the roundtable, the SEC is considering previous staff guidance on digital assets. On the list to be considered are:
- The 2019 Howey Test-based framework for crypto securities
- Bitcoin futures fund risks guidance
- Explanation of custody rules for state-chartered banks
Acting Chair Mark Uyeda described that the effort is advancing President Trump’s deregulation agenda and proposals from Elon Musk’s Department of Government Efficiency.
Galaxy Digital Goes Domestic
At the same time on April 7, the SEC approved a Galaxy Digital Form S-4. The firm aims to relocate headquarters from the Cayman Islands to Delaware, which will form an additional U.S. holding corporation, Galaxy Digital Inc., representing a shift to greater regulatory involvement.
