Brandon Ferrick, general counsel at Douro Labs, stated that the SEC's willingness to engage the public regarding crypto policy suggests that regulatory capture is not currently an issue in the crypto industry. He highlighted the importance of transparency and public discourse, citing the SEC's recent roundtable discussions that included diverse stakeholders, from industry executives to critics. Ferrick noted signs of regulatory capture, such as a revolving door between public and private sectors and preferential treatment for certain projects, but emphasized ongoing opportunities for industry participants to contribute to regulatory conversations. With further SEC panels scheduled, the regulatory environment appears more inclusive compared to the previous leadership. Following a positive trend of integrating crypto with traditional finance, Ferrick remains optimistic about the current regulatory landscape, which aims to ensure healthy interactions within the sector.

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