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The Securities and Exchange Commission is rolling out a new cryptocurrency task force, the first big move in the crypto space of Donald Trump 's second term in the White House. The SEC announced the creation of the task force in a statement on Tuesday. The task force will be led by Hester Peirce, the SEC Commissioner Trump appointed during his first term.
Trump — who was dubbed the 'crypto president' on the campaign trail — is widely expected to usher in a new era for digital assets in his second term. Traders say they're eyeing friendlier regulators and a national bitcoin reserve as potential catalysts that could help push digital asset prices higher over the next four years.
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