Us Securities and Alternate Fee (Sec) has announced the third edition of its Crypto Custody RoundTable, which everyone was waiting for a long time. The roundateable will be held on 25 April 2025 at Washington, DC in SEC headquarters. This event is under SEC’s “Spring Sprint Toward Crypto Clarity” campaign, which aims to provide more clarity about the regulation of digital assets. This time the theme of the roundateable is “Know Your Custodian: Key Considerations for Crypto Custody”.
Significantly, recently SEC collaborates to clarify the crypto rules with CFTC Is. So that the condition of crypto companies improves and can be better monitored to Crypto. SEC Commissioner, Hester Pierce has also supported this effort for transparent crypto regulations.
Who will be included?
In this roundate, the appearing Chairman Mark Uyeda, Commissioners Caroline Crenshaw and Hester Peerce will be given their views. It will have two panels which will be moderated Zack Zweihorn (Davis Polk & Wardell LLP).
Panelists include prominent names:
All these will explain from their respective experiences and personnel how the secure storage of cryptocurrency can be ensured.
What will be the main discussion points?
These topics will be discussed in detail in the roundate:
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Should self-costdy (such as hard wallet) be regulated?
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What is the difference between exchange and third-party Custodian?
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Role of traditional firms such as Fidelity and Unused-Time Crypto Custodians
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Case Studies of Custody Failure and Investor Protection
Why is crypto custody necessary?
As the cryptocurrency is making her place in the traditional financial system, the concern about their safety is also increasing. Crypto Activity Pressure SEC Commissioner Hester M. Peerce, who is presiding over, said that custody is a very important subject which cannot be ignored. The wrong custody policy not only endanger the funds of investors, but can also affect market stability.
Both online and in-tradition format
SEC is keeping this event open for public, which will be attended as well as online livestream. This will also help to add those who cannot be present for geographical reasons.
What next? – Two more sessions on Tokanization and Defi
After April 25, SEC will organize two more roundateable sessions –
The objective of these events is to deep discuss on major challenges and possibilities associated with digital assets.
Significantly, shortly before SEC hosted 4 rounds related to Crypto Had said to do it. The first 2 rounds were held on 24 March and 11 April.
Conclusion
This third roundate of SEC is not just a formal meeting, but a major step towards making the digital asset industry better and safe. As the crypto market is entering the mainstream, the need for clear and strong rules regarding its safety has increased even more. This event will not only help the regulators to fix the guidelines, but the industry and investors will also get confidence that their funds are in safe hands.
