SEC crypto task force sets March 21 date for ‘Spring Sprint Towards Crypto Clarity’ meeting

According to Fox Business journalist Eleanor Terrett’s post on X, formerly Twitter, the SEC cryptocurrency task force has scheduled a series of roundtable meetings with industry participants. The agenda for the meetings appears to be all about regulation. 

When Donald Trump was campaigning for president, he made it abundantly clear that when he came into power, there would be less hostility toward crypto in the high echelons of power, and he has been consistent for the most part. 

Gary Gensler, the controversial erstwhile leader of the SEC, had reigned with an iron fist, so when it was revealed he would step down, there was a lot of excitement. Things have moved along since then; Gensler is now gone but the SEC remains and it is getting ready for a busy future. 

gary Gensler posing the statue of Sam Rayburn in the Rayburn House Office building. Source: @GenslerArchive (X/Twitter)

The first meeting comes up in March

The “Spring Sprint Towards Crypto Clarity” initiative aims to address the various concerns linked to the industry and is expected to set future precedents for regulatory frameworks regarding cryptocurrencies.

The first meeting is arranged for March 21 at the SEC office in Washington, D.C., and the theme will be “Defining Security Status.”

The meetings to come are proof of the SEC’s transition from the regulation by enforecement era led by the Gary Gensler administration. Its plans to engage with various industry participants to gather insights and feedback on cryptocurrency regulations also shows a willingness to be more collaborative and a desire to make the industry an overall better place. 

The timing of the SEC’s new initiative is also spot on. The crypto community is a little bit dry right now as majority of the experienced players are depserate for a new development — something to rekindle hopes of a bull market for the crypto industry. 

One crypto native talking about the stage crypto adoption has reached pointed out that we are now entering an era where “it’s okay from a regulatory perspective, and arguably infrastructure perspective, for major players to even consider at at-scale deployment.” 

Who will be at the meetings? 

Various crypto experts have expressed willingness to advise the POTUS as he guides the US into mainstream crypto adoption, and some of them will no doubt be present at the scheduled meetings with the SEC. 

Terrett, who revealed the news, claimed her source was a person close to the matter. However, more details, like the names of those industry participants to be included in the talks, are still forthcoming. 

While no names have been announced yet, some faces are very likely to be involved. Some of these people, like the CEOs of Circle and Coinbase, have offered their expertise to Trump as he navigates the messy waters of adoption. 

Allaire, the CEO of Circle has expressed interest in being part of Trump’s crypto advisory council, while Armstrong has already met with Trump, indicating his potential involvement as an adviser on all things crypto. 

Another person who could be involved is Tigran Gambaryan, the poster boy of Binance’s 2024 conflict with Nigeria. He had a very rough past year as he was trapped in a Nigerian prison, where he spent eight months on charges of tax evasion and money laundering. 

It took the intervention of the US to get him back, and he has expressed an interest in working for the new government if they will have him. And they might be interested. 

According to a post from Terrett on X, Gambaryan will join Congressman French Hill at the State of the Union on Tuesday. Hill was one of those who campaigned to get Gambaryan released from the Nigerian prison he had been wasting away in. 

Plaque commemorating Tigran Gambaryan’s return to the United States after an 8-month incarceration in Nigeria. Source: @ TigranGambaryan (X/Twitter)

Gambaryan would bring a lot to the table; he has experience as a federal agent for the IRS and has years of experience at Binance, where he enabled busts of child sexual abusers, terrorists, and organized crime members on a global scale.

What has the SEC been up to? 

The SEC has been busy since Gensler stepped down on January 20, 2025, and Mark T. Uyeda took over his role as acting chairman on February 27, 2025. 

Uyeda is at the reins of leadership now, but his role is temporary, and Trump has reportedly nominated Paul Atkins as the permanent SEC Chair. Of course, until the Senate confirms that nomination, Uyeda will continue in his role. 

While Uyeda may not have long to spend in his role at the SEC, that has not stopped him from going at his job with vigor. He has already met with division and office heads to talk about their plans for American companies as economic growth becomes a top priority.

SEC acting chairman Mark Uyeda in a meeting with division and office heads in a meeting held on February 6, 2025. Source: US SEC (X/Twitter)

Where crypto is concerned, the SEC has gradually been clearing its backlog of enforcement cases, leading it to drop lawsuits involving big crypto entities like Coinbase , Uniswap , and Opensea . 

As for how it plans to protect the newer crypto enthusiasts coming into the space, the SEC has announced the formation of a Cyber and Emerging Technologies Unit tasked with combating misconduct and fraud in the industry. 

The unit is the SEC’s proactive response to the emerging risks crypto present. It is clear the agency is on a new path, one that encourages innovation and promises transparency in its rulemaking process. 

The outcomes of the planned meetings remain to be seen, but there is little doubt that they will positively affect the ecosystem as it trudges toward mainstream adoption. 

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