US Treasury Engages Crypto Leaders in Roundtables to Advance Digital Asset Regulation
The U.S. Department of the Treasury is holding a series of confidential discussions this week with cryptocurrency executives and policymakers, according to a May 12 report by Crypto in America. The initiative is a focused effort by the department to develop more effective regulations for digital assets, including operational vulnerabilities in decentralized finance and challenges faced by crypto entities within the U.S. financial system.
The Treasury has assembled senior officials from multiple branches, including the Office of Terrorism and Financial Intelligence and the Office of Cybersecurity and Critical Infrastructure Protection, to meet directly with select participants from leading blockchain firms and crypto advocacy groups. These discussions are being held under the Chatham House Rule, which allows ideas to be shared and referenced, but without naming the contributors.