The SEC’s cryptocurrency task force, led by Commissioner Hester Peirce, will host a public roundtable on financial surveillance and privacy on Oct. 17. This will be the sixth roundtable focused on digital assets since the departure of former SEC Chair Gary Gensler, with the aim of developing policy solutions in the crypto space.

The SEC recently proposed rule changes that could impact market participants, including exemptions and safe harbors related to the offer and sale of crypto assets. The commission is also considering modifying broker-dealer financial responsibility rules to ease the burden on US-operating crypto companies, signaling potential regulatory shifts in the industry.

The SEC and CFTC, the primary financial regulators in the US, have softened their approach to enforcement actions and rules affecting crypto companies in recent months. Acting CFTC Chair Caroline Pham stated in August that the agency would align with the White House’s crypto policy, while both regulators are exploring 24/7 capital markets and regulations for crypto derivatives.

A proposed law, the Responsible Financial Innovation Act, could soon subject the authority and responsibilities of both the SEC and CFTC to new regulations. Senator Cynthia Lummis, one of the lawmakers supporting the bill, believes it could become law before 2026, potentially reshaping the digital asset market structure in the US.

Read more at Cointelegraph: SEC Crypto Task Force To Tackle Financial Surveillance And Privacy