The SEC’s newly formed crypto task force has been meeting with influential figures in the crypto space.
On February 21, Michael Saylor, founder of Strategy, met with the Securities and Exchange Commission’s newly formed crypto task force to discuss the regulatory future of digital assets.
The meeting focused on addressing key challenges surrounding crypto regulation. Saylor provided supporting documents outlining his approach to regulation, which were discussed with SEC officials.
According to the log, the conversation focused on a proposed framework for digital assets, focusing on establishing a clear taxonomy, legitimacy through rights and responsibilities, and practical compliance to promote innovation.
The meeting emphasized the opportunity for the United States to lead the global digital economy, unlock trillions in value, and strengthen the US dollar through strategic policies.
Robinhood meets with the task force
Earlier, on February 19, 2025, Robinhood Markets representatives also met with the task force. They shared their perspectives on improving crypto regulation, emphasizing the need for clearer rules regarding registration, anti-fraud protections, and custody.
This meeting took place just days before the SEC ended its investigation into the platform’s crypto services. The SEC informed Robinhood that no further enforcement action would be pursued regarding its crypto activity.
This marked a shift in the SEC’s stance, as several high-profile cases, including those against Coinbase and OpenSea, were reportedly dropped.
These meetings also come amid the SEC’s efforts to shift from a “regulation by enforcement” approach, which parts of the crypto industry have criticized.
Under the leadership of Chair Gary Gensler, the SEC had been tough on crypto, labelling many tokens as securities and urging crypto firms to register with the agency.
Under new leadership, the SEC has shifted toward a more crypto-friendly approach, halting numerous enforcement actions and revisiting key cases.
