What happened?

The SEC is hosting its third crypto-focused roundtable of 2025 on April 25 at its Washington D.C. headquarters. The event is titled “Know Your Custodian: Key Considerations for Crypto Custody” and will address the complexities of cryptocurrency custody. This effort is part of a broader strategy to engage with industry experts and update regulatory frameworks.

Who does this affect?

This roundtable affects cryptocurrency firms, investors, and legal entities involved in digital asset management and custody. Participants include executives from top crypto firms like Fireblocks, Fidelity Digital Assets, Etana Custody, and 1kx. The event is intended to influence stakeholders across the cryptocurrency ecosystem by involving them directly in discussions about custody regulations.

Why does this matter?

This matters because it represents a shift in how the SEC approaches cryptocurrency regulation, moving away from a regulation-by-enforcement model. By involving industry voices, the SEC aims to create clearer guidelines and pathways for crypto regulation, potentially impacting market stability and investor confidence. It reflects growing recognition of cryptocurrency’s role in financial markets and may influence future regulatory trends.