SEC acting chairman Mark Uyeda announced the creation of a crypto task force to establish a comprehensive regulatory framework for digital assets. Commissioner Hester Peirce, known for her pro-crypto stance, will lead the unit, aiming for a more practical and investor-friendly regulatory approach.
SEC acting chairman Mark Uyeda launched a crypto task force to provide a comprehensive regulatory framework for digital assets. Pro-crypto Commissioner Hester Peirce has been assigned to head the new unit. The crypto market remained fairly stable as Bitcoin consolidated below $110,000.
The unit will also collaborate with federal agencies such as the Commodity Futures Trading Commission —under the watch of new acting chairman Caroline Pham— and will function within the statutory frame of Congress. Additionally, Commissioner Peirce stated that contributions from the public are also highly welcome, as the unit aims for a transparent regulatory environment for investors.
Technology CRYPTO REGULATION SEC HESTER PEIRCE DIGITAL ASSETS CRYPTO TASK FORCE
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