SEC’s 10-City Roundtable Tour May Seek Input from Coinbase and Crypto Startups on Future Regulations

Key Points

1. The SEC's Crypto Task Force is focusing on startups under two years old and with 10 or fewer employees to ensure regulations consider their needs.

2. The roundtable discussions will take place between August and December 2024 across 10 US cities.

3. The initiative reflects the SEC's commitment to inclusive dialogue with the crypto industry, including major players like a16z Crypto and BlackRock.

4. The outreach aligns with the Trump administration's efforts to position the US as a global crypto hub, including the signing of the GENIUS Act regulating stablecoins.

5. Other agencies like the Federal Reserve and OCC have also taken steps to reduce barriers for crypto firms, fostering a more innovation-friendly environment.