US SEC Crypto Roundtable on May 12, What to Expect?

The United States Securities and Exchange Commission (SEC) is said to be organizing a special event called the Fourth Cryptocurrency Roundtable on May 12. This event will focus on “tokenization,” which is a way to turn real-world assets, like real estate or stocks, into digital tokens that can be traded on a blockchain.

According to the announcement , the roundtable will take place from 1:00 p.m. to 5:30 p.m. at the SEC headquarters, and it will be open to the public. It will also be livestreamed on the SEC’s official website. This roundtable will discuss how tokenization works and how it could affect the world of finance

The SEC wants to find the best way to make sure digital assets, like tokens, are safe for people to trade while still encouraging new ideas and innovation. By holding this event, the agency hopes to gather ideas and get feedback from experts in finance, technology, and law.

Several figures from the SEC will attend, including Chairman Paul S. Atkins and Commissioner Hester Peirce. “Tokenization is a technological development that could substantially change many aspects of our financial markets. I look forward to hearing ideas from our panelists on how the SEC should approach this area,” said Peirce in a statement.

Alongside them will be representatives from big companies like Fidelity, Nasdaq, and Invesco. They’ll all discuss how tokenization could change the way assets are traded, making things more transparent and secure.

This is part of the SEC’s effort to regulate digital assets. The agency has been hosting a series of roundtables since March 2024, aiming to create rules that protect investors but still allow technology to grow. As the world of digital finance keeps changing fast, the SEC wants to stay ahead by hearing from both the industry and the public.

In addition to the May 12 roundtable, the SEC announced it has moved another event, called “DeFi and the American Spirit,” to June 9. This event was originally scheduled for June 6. If you signed up for the June 6 event, your registration will automatically transfer to the new date.