Key Highlights:
- SEC Crypto Task Force will be hosting a public roundtable on October 17.
- Commissioner Hester Peirce emphasizes the importance of privacy-preserving technologies in shaping balanced crypto policy.
- The event will also feature expert panellist, which will be streamed live on SEC.gov, and allow public engagement through registration.
The U.S. Securities and Exchange Commission (SEC) Crypto Task Force announced that it plans to hold a public roundtable on financial surveillance and privacy. The agency plans to hold the meeting on Friday, October 17 and the timings have been set from 1 p.m to 4 p.m at the SEC’s Washington, D.C. headquarters. The event will be expanding policy talks on protecting individual privacy in digital finance.
Building on the momentum of its Spring Sprint Toward Crypto Clarity series, the President’s Executive Order on Digital Assets, and the recent President’s Working Group report, the Task Force is stepping up its efforts to support the U.S. leadership in the digital asset and financial technology sector. SEC Commissioner Hester M. Peirce, who is also leading the initiative, has emphasized that finding the right balance between innovation and economic freedom has become of great importance.
“Technology that helps Americans protect their privacy is critically important as it enables people to choose when and with whom to share sensitive data about themselves so they can be protected from bad actors,” said Commissioner Hester M. Peirce. “Understanding recent developments in privacy-protecting tools will assist the SEC and other financial regulators as we work on policy solutions in the crypto space.”
Expert Panel on Privacy and Surveillance
The roundtable is said to feature panellists that are leading the development of technologies that aim to protect individual financial privacy. These experts will take part in the detailed discussion on the overlap between financial surveillance, privacy tools, and regulatory frameworks. The event will act as a forum where people can share ideas on how innovation can align and come together with preventing illicit finance while making sure that the investors and users are protected.
Open to Public Participation
The session is said to be open to the public and it is expected to draw in stakeholders from the entire crypto industry, fintech companies, people who advocate for privacy, regulators and concerned citizens. The SEC headquarters at 100 F Street, N.E., Washington, D.C. will host the in-person event, with registration required. Attendees will also have to pass a security screening that is in line with federal building protocols.
Live Stream and Recording Access
Recognizing the need for accessibility, the SEC will also stream the roundtable live on its official website. A recording will be available for those unable to join in real time. More details on the agenda and speaker line-up will be posted on the Crypto Task Force’s webpage in the weeks before the event.
Commissioner’s Upcoming Remarks
Ahead of the roundtable, Commissioner Peirce will also be delivering remarks at two major industry events. One of them is at the DC Fintech Week and the other one is the DC Privacy Summit. These appearances highlight the growing importance of privacy in financial innovation and regulation.
Origins of Crypto Task Force
The Crypto Task Force was launched on January 21 under the leadership of Mark T. Uyeda who was acting SEC Chairman at that time. He started this initiative to clarify the regulatory boundaries that exist in the crypto space. The role also includes developing practical registration pathways for crypto firms, setting sensible disclosure rules and using enforcement tools to strengthen the integrity of the market.
The Financial Surveillance and Privacy roundtable highlights how the Crypto Task Force’s mission is changing and evolving in the right direction. Regulators are now also exploring how to support innovation that protect privacy while making sure that there are no illicit activity.
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