SEC Embarks on Crypto Roadshow: Giving Small Startups a Voice in Regulation

The SEC’s Cryptocurrency Working Group has initiated a series of roundtables in the United States. The group is seeking to connect with startups that have teams of up to 10 people and were founded less than two years ago. The meetings will begin on August 4 in Berkeley, California, and conclude on December 5 in Ann Arbor, Michigan. The U.S. Securities and Exchange Commission (SEC) Cryptocurrency Working Group has launched a series of roundtables in the United States. This initiative, led by SEC Commissioner Hester Peirce, aims to connect with startups with teams of up to 10 people that were founded less than two years ago. The working group will visit 10 U.S. cities to hear from project founders who could not attend the spring consultations in Washington. “We want to hear from people who were not able to travel for the roundtables that took place this past spring in Washington, D.C. and may not have had a voice in past policymaking efforts.The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible.” said Peirce. The statement said the working group is particularly interested in speaking with representatives of crypto projects that employ 10 or fewer people and were founded less than two years ago. The first event will take place on August 4 in Berkeley, California. In total, there are 10 cities on the schedule: August 4 – Berkeley, California; August 19 – Boston; September 4 – Dallas; September 15 – Chicago; September 25 – New York; October 3 – Irvine, California; October 24 – Cleveland; October 29 – Scottsdale, Arizona; November 12 – New York; December 5 – Ann Arbor, Michigan. The SEC clarified that it will publish the list of selected startups that will participate in the meetings in the public domain to ensure transparency of the process.