Paul Atkins, the newly-confirmed Chair of the United States Securities and Exchange Commission (SEC), is set to open the agency’s upcoming cryptocurrency roundtable this Friday, as announced by the SEC on April 23. The event, named “Know Your Custodian: Key Considerations for Crypto Custody,” will feature Atkins alongside the Crypto Task Force Chief of Staff Richard Gabbert, and Commissioners Hester Pierce, Mark Uyeda, and Caroline Crenshaw, addressing key topics on cryptocurrency custody.
The roundtable is part of a series initiated by the SEC’s Crypto Task Force, aimed at crafting a comprehensive and clear regulatory framework for cryptocurrencies. This collaborative effort with the public aims to navigate the SEC towards a sensible regulatory approach. The meeting, to be held at the SEC headquarters in Washington D.C. from 1 – 5 p.m., will include insights from Etana Custody Inc. CEO Brandon Russell, and 1kx General Counsel Larry Florio, among others. Commissioner Pierce highlighted the importance of tackling custody issues for the successful integration of crypto assets into the SEC’s regulatory framework.
**Shifting Towards a Thoughtful Crypto Regulatory Approach**
This initiative represents a departure from the SEC’s previous method of regulation by enforcement seen under the tenure of former Chair Gary Gensler. In recent months, the agency has dialed back its enforcement actions, halting litigation against significant cryptocurrency players like Kraken and Coinbase. Paul Atkins, viewed as a pro-crypto leader, emphasized during his swearing-in that establishing a formal regulatory foundation for digital assets is a key objective of his chairmanship. Through a rational and principled strategy, Atkins aims to position the United States as a premier and secure location for digital asset businesses.
Chairman Paul Atkins is scheduled to speak at our next crypto roundtable on April 25, discussing vital aspects of crypto custody. #SEC #CryptoRoundtable
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