The SEC's crypto task force met with SIFMA to discuss digital asset regulations.

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The SEC held a meeting with SIFMA – the association representing brokerage firms, banks, and investment funds – to discuss the legal framework for crypto. Key highlights include:

  • Expand current securities regulations to cover crypto
  • Clarifying the boundary between securities and digital commodities
  • Restrict retail investors' access to risky products
  • Ensure transparent competition, clear roles among parties
  • Establish regulations suitable for digital assets and cross-border activities
  • Preparing integration between traditional finance and DeFi

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