
The Securities and Exchange Commission (SEC) has taken an unexpected turn in its approach to regulating the cryptocurrency space. In a surprising move, the agency has decided to assemble a “Suicide Squad” – a group of former critics who have clashed with the SEC in the past.
According to sources familiar with the matter, the SEC is hosting another crypto regulation roundtable on April 11, and this time, they’re inviting executives and advocates who previously had disagreements with the agency. The session, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” will be held at the SEC’s Washington D.C. headquarters and live-streamed online.
The decision to invite former critics is seen as a significant shift in the SEC’s strategy towards the cryptocurrency industry. In the past, the agency has been notorious for its tough stance on crypto-related issues, often pitting it against advocates of decentralization and transparency.
However, it appears that the SEC has taken a different approach this time around. By bringing together individuals who have been at odds with them in the past, the agency is signaling a willingness to engage in constructive dialogue and find common ground with stakeholders.
The move could potentially lead to more effective regulation and a smoother path forward for the industry as a whole.
Source: https://cryptoslate.com/sec-assembles-suicide-squad-of-former-critics-for-crypto-roundtable/