Top Wall Street Firms Met With SEC Crypto Task Force to Discuss DeFi Concerns

As crypto’s coveted market structure bill stalls in the Senate, top Wall Street players met with the SEC Tuesday to discuss numerous concerns with the regulator’s permissive approach to digital assets. Representatives of JPMorgan, Citadel, and SIFMA, the powerful securities industry trade group, met with the SEC’s crypto task force yesterday to talk through the agency’s bold new approach to digital assets, according to agency records. Topics raised at the meeting included worries that the SEC’s imminent pl ...