Category: Finance
The SEC has initiated a new crypto task force under Acting Chair Mark T. Uyeda, led by Commissioner Hester Peirce, aiming to create a regulatory framework for the crypto industry rather than focusing on enforcement. This shift marks a significant change in the SEC's approach, moving away from the previous administration's regulation-by-enforcement strategy. The task force seeks input from various stakeholders to develop clearer regulations and guidance for crypto asset securities.
Keywords: SEC, crypto, regulation
Update At: 1/24/2025