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The commission’s crypto task force announced a meeting with Ondo Finance and law firm Davis Polk and Wardwell, both of which have supported Donald Trump through donations or deals.<\/p>\n
The US Securities and Exchange Commission (SEC) crypto task force, headed by Hester Peirce, has continued meeting with digital asset company representatives as the agency explores regulatory changes.<\/p>\n
In an April 24 notice, the SEC task force disclosed<\/a> a meeting with representatives from crypto firm Ondo Finance and the law firm Davis Polk and Wardwell to discuss \u201cissuing and selling wrapp<\/a>ed, tokenized versions of publicly traded US securities.\u201d Ondo Finance donated $1 million to Donald Trump\u2019s inauguration fund, and the law firm announced<\/a> on April 22 that it would represent the US President\u2019s social media<\/a> company, Truth Social, to launch crypto-linked exchange-traded funds.<\/p>\n According to the meeting request, Ondo Finance planned to discuss registration requirements for tokenized securities, compliance with financial laws, and potentially launching a regulatory sandbox. Cointelegraph reached out to the firm for comment but did not receive a response at the time of publication.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n