SEC Crypto Showdown: May 12 Roundtable Could Decide Digital Assets’ Fate
Wall Street’s sleepy watchdog finally wakes up—crypto gets its day in court. The SEC’s May 12 roundtable assembles regulators, industry sharks, and maybe even a repentant SBF hologram.
What’s on the menu? Clarity—or another platter of regulatory word salad. Gary Gensler’s crew will either unveil long-promised rules or prove they’re still using 2010 playbooks to regulate 2030 tech.
Insiders whisper about three likely outcomes: 1) A surprise stablecoin framework (just in time to be obsolete), 2) Yet another ’we need more data’ punt, or 3) Actual progress—the rarest crypto commodity of all.
Bonus cynicism: Watch for at least one banker to suggest ’blockchain, not Bitcoin’—Wall Street’s favorite way to sound innovative while lobbying against decentralization.