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Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry

In a long-awaited move from the digital assets industry, the SEC announced that acting Chair Mark Uyeda has launched a “crypto task force” aimed at “developing a comprehensive and clear regulatory framework for crypto assets.” Though Uyeda announced the initiative, it will be led by SEC Commissioner Hester Peirce. 

“We look forward to working hand-in-hand with the public to foster a regulatory environment that protects investors, facilitates capital formation, fosters market integrity, and supports innovation,” Peirce said.

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crypto, us, regulation