Peirce: The approach of the SEC has been put in ‘Straightjackets’ in innovators.
The DC Blockchan Summit was a terrible ebullier event, and the attendees felt their passion for surviving in the last executive attempt to witness encryption innovation in the United States.
The summit was normalized by the Digital Chamber of Commerce, a lobby group that was actively participating in the working group to form a bill and law.
Main takeout:
We have a clear timeline for new bills and regulations that regulate encryption in the United States.
The first is to pass the law by passing this spring with Stablecoin Bill. This is important for Vault12 customers. This means that more retail investors must be exposed to cryptocurrency and protect digital assets.
Second is the market rescue bill (AKA FIT21), a comprehensive legislation that defines other market definition functions that will be regulated by the regulation of the encryption market, the role of security and utility tokens and the regulation of global encryption regulations. This is expected to sign the law in August 2025.
influence: During these bills and regulations, attitudes and behaviors of encryption assets may begin to change. However, since the law has not been changed, we remain in the annoying area in relation to the methods of TOEKNS freely, until the market rescue bill is in place.
Additional reading:
The Hester Peirce Commissioner said in a statement by DC Blockchain Summit: “Crypto Task Force has a lot of help with an external party, and we’ve already received about 50 thoughtful written submissions. The possibility was a productive dialogue among thoughtful experts, for example, for our jurisdiction and actual compliance solutions. Exemption and task force welcome a reasonable request for meaningless letters or exemptions.speaking))
Tom Emmer (R-MN) CEO Tweet“Today, as with reptransoto and I introduce the two -party securities clarity law, like the Orange Forest of SEC V. WJ Howey Co., Ltd., it is distinguished from an investment contract that is separated and provided with investment contracts, and is separate from the investment contract that requires the prosperity, originality and opportunity of the United States.
The Vault12 Legal Team also had a separate meeting with the SEC Crypto taskforce, and this regulation is also formalized to optimize the US cryptocurrency industry, and we will continue to provide feedback to the team.
We will publish another round -up in Paris within a few weeks in Paris and attend the finance and blockchain summit held at the French Economic Treasury during the Paris Block Chain Week.
We are also trying to find a safe to record podcasts.
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