The Crypto Working Group of Securities and Exchange Commission (SEC) announced a major round table which will be held on May 12 at the SEC headquarters in Washington, DC In addition, the event will bring together the leaders of traditional finance giants to discuss the collaboration of traditional finances with finances decentralized by the tokenization of assets.
The leaders of BlackRock and Fidelity to participate in the Cryptographic Round Table
According to the Dry press releaseThe sec has gathered an impressive list of participants. In addition, this includes leaders of the main traditional financial institutions and blockchain companies. The event will include two main group discussions by focusing on different aspects of the tokenization of assets.
The first panel, “Evolution of Finance: Capital Markets 2.0”, will be moderate by Jeff Dinwoodie de Vervath and includes eminent executives of large financial companies. Robert Mitchnick will represent Blackrock, the largest asset manager in the world. In addition, Blackrock and the strategy participated in a competition to acquire BTC. According to the latest details, the strategy bought 1,895 bitcoin for $ 180 million.
Cynthia Lo Bessette will participate on behalf of Fidelity. In addition, Eun Ah Choi will represent the Nasdaq. The other panelists of this session include representatives of Invesco, Franklin Templeton, Apollo Management, The Tokenized Asset Coalition, DTCC and Superstate.
Dry to accommodate another round crypto table
Commissioner Hester Mr. Peirce, who heads the working group on the Crypto de la SEC, expressed his anticipation for the future discussion. She noted that “tokenization is a technological development which could considerably change many aspects of our financial markets”. The Commissioner stressed his interest in the prospects of hearing aids on the way in which the dry should approach this evolving area.
The May 12 event is the third in a series of four round tables on the regulations on cryptographic assets announced by the Commission in March. The final round table is initially scheduled for June 6 and entitled “DEFI and the American spirit”. The SEC said that all previous registrations have been transferred to the new date.
The Round Table of Tokenization will take place from 1:00 p.m. to 5.30 p.m. and will be accessible to the public both in person and via the webdiffusion on the SEC website. Participants in person must register in advance, while online viewers can access live broadcasting directly via the dry website on the day of the event.
The session will start with the opening remarks of Richard B. Gabbert, chief of staff of the working group on the crypto, followed by an opening speech of the president of the Sec, Paul S. Atkins. Additional commissioners, including Caroline A. Crenshaw, Mark T. Uyeda and Hester M. Peirce, will also present remarks to prepare the ground for group discussions. The Commission created the crypto working group on January 21 under the president of the time, Mark T. Uyeda.
The announcement of the dry comes in the middle of the growing deposits of the Crypto ETF. In one of the recent updates, Vaneck has filed a S1 form with the Commission for an ETF BNB.
Vignesh Karunanidhi
Vignesh Karunanidhi is a seasoned crypto journalist with almost 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, notably Watchuru, Beincrypto, Milkroad, and the author of more than 10,000 articles
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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