“Defi and the American Spirit”

The SEC’s Crypto Task Force is getting ready for its next big event – a roundtable meeting to talk about DeFi. Eventually, this important meeting was scheduled for 6 June, later rescheduled for June 9 at the SEC’s headquarters in Washington, D.C.

However, the title for the event is “Defi and the American Spirit,” drawing lots of attention from Wall Street leaders, crypto developers, and the public.

DeFi: The Hot Topic on Everyone’s Mind

Decentralized Finance, or DeFi, has been growing fast. People love the idea of financial tools that don’t rely on big banks or other middlemen. But as more people jump in, questions about rules and safety have also grown. That’s why the SEC is bringing everyone together to figure out how to move forward.

The SEC says this meeting is part of its mission to understand how DeFi works and to decide if new rules are needed. 

Topics will include how smart contracts work, who controls tokens, and how automated systems can keep things fair for everyone.

Open Chat with Developers and Experts

Commissioner Hester Peirce, who’s leading this panel, said she wants honest talks. “We’re here to learn,” she explained in a recent briefing. She thinks that by listening to developers and the people using these systems, the SEC can find ways to protect investors without slowing down progress.

At the meeting, experts will also look at how real-world assets like watches or art can be turned into digital pieces and traded on the blockchain.

Big Names Of Panealist

The roundtable will feature panelists from Wall Street DBA, Jito Labs, MetaLeX, Coin Center, etc.

Psticaicaptes inclined Michael Jordan, Co-founder of DBA, Rebecca Rettig, CLO of Jito Labs, Gabriel Shapiro, CEO of MetaLeX, Peter Van Valkenburg,h Director of Coin Center, and many more.