Inaugural crypto roundtable shows ‘clarity’ is a long way off

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The SEC’s new crypto task force gathered Friday to hear from 11 crypto attorneys and legal experts. 

It was the group’s inaugural roundtable discussion, lasting two hours and followed by 90 minutes of public Q&A. The meeting was dubbed the “Spring Sprint Toward Crypto Clarity” and had a focus on “defining security status.” 

Spoiler: To the chagrin of much of the crypto industry, roundtable attendees were not able to reach agreement on the very question that has plagued the securities regulator for 5+ years. 

Of course, answering the question of how to determine whether a crypto asset is a security wasn’t the…

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