US Treasury to Hold Private Crypto Policy Roundtables with Industry Leaders

The US Department of the Treasury is convening closed-door roundtables this week with prominent figures in the cryptocurrency sector. These discussions aim to address pivotal issues shaping the future of digital assets in the US, including stablecoins, decentralized finance (DeFi), banking relationships, and cybersecurity.

A dedicated session on stablecoins is scheduled for May 15, focusing on sanctions evasion prevention, secondary market oversight, asset freezing mechanisms, and compliance risks. The meetings underscore growing regulatory scrutiny as the Biden administration seeks to balance innovation with financial oversight.

Meanwhile, Democratic lawmakers remain divided on crypto policy. Representative Maxine Waters has publicly criticized the industry, while some members of the Financial Services Committee staged a parallel "shadow hearing" examining former President Trump’s cryptocurrency affiliations.