The U.S. Securities and Exchange Commission (SEC) under Acting Chair Mark Uyeda has announced the formation of a crypto task force aimed at establishing a comprehensive regulatory framework for crypto assets. The task force, led by Commissioner Hester Peirce, will collaborate with the crypto industry and Congress to develop regulations. This move signifies a shift from the SEC's previous approach of relying primarily on enforcement actions.
Gary Gensler only officially stepped down as chairman of the U.S. Securities and Exchange Commission yesterday, but the federal agency’s approach to crypto is already getting an overhaul.
Both the tone and content of the SEC’s Tuesday announcement indicate a radical shift in the agency’s approach to crypto regulation under the new Trump administration.
CRYPTOCURRENCY REGULATION SECURITIES AND EXCHANGE COMMISSION INDUSTRY COLLABORATION CONSUMER PROTECTION
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