SEC's Cryptocurrency Task Force Announces Nationwide Tour to Gather Input from Small Startups
Policy/Tech

SEC's Cryptocurrency Task Force Announces Nationwide Tour to Gather Input from Small Startups

The SEC's new Crypto Task Force will travel to 10 cities to listen to concerns from smaller crypto ventures.

What to know:

  • The SEC’s Crypto Task Force will embark on a cross-country tour to meet with small crypto startups and expand outreach in crypto policymaking.
  • The task force will visit 10 cities from August to December, targeting crypto projects with fewer than 10 employees and under two years in operation, to hear their perspectives and concerns.
  • The initiative aims to ensure comprehensive outreach and develop clearer regulations for the cryptocurrency industry.

The U.S. Securities and Exchange Commission’s new Crypto Task Force is set to begin its nationwide tour this month, focusing on engaging with small cryptocurrency startups to amplify their voices in policymaking. Led by Commissioner Hester Peirce, the task force will make stops in 10 cities from August to December as outlined in a press release.

The goal is to reach out to projects that are relatively new with fewer than 10 employees and under two years of operation. Cities scheduled for visits include Berkeley, Boston, Dallas, Chicago, and New York.

“We want to hear from people who were not able to travel for the roundtables that took place this past spring in Washington, D.C.,” Peirce expressed.
“The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible.”
“Quiero escuchar a aquellos que no pudieron asistir a las reuniones que tuvieron lugar en Washington, D.C.”

The Crypto Task Force was established in January, under the leadership of Acting SEC Chair Mark Uyeda, with the objective of formulating clearer regulatory guidelines for the cryptocurrency sector.

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