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European Asset Managers Discuss CLARITY Act With SEC Crypto Task Force

European Asset Managers Discuss CLARITY Act With SEC Crypto Task Force

SEC Crypto Task Force staff met major European asset management representatives on April 30.

Disparities in tokenization rules across the US and EU drove discussions on cross-border policy alignment and potential solutions.

Lack of clarity on stablecoin regulation, including reward provisions, was a key concern for European representatives in the SEC meeting.

The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force staff met representatives of major European asset management groups on April 30 to discuss the Clarity Act, tokenization and cross-border policy alignment.

According to the SEC meeting memorandum, the participants included the European Fund and Asset Management Association (EFAMA), The Investment…

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