SEC Launches Crypto Task Force Under Trump Administration

The SEC initiates a task force to create a regulatory framework for crypto assets, marking a shift towards more favorable crypto policies under Trump.

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SEC launches ‘crypto task force’

The Hill

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

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SEC Task Force to Work on Crypto Regulations

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Overview

A summary of the key points of this story verified across multiple sources.

The U.S. SEC has launched a crypto task force to establish a regulatory framework for cryptocurrencies, signaling a policy shift under President Donald Trump aimed at fostering innovation while safeguarding investors. Led by Hester Peirce and supported by acting Chair Mark Uyeda, the task force intends to engage industry stakeholders and create clear registration guidelines. This move follows a crackdown under the Biden administration and has been welcomed by the crypto industry, with Bitcoin prices reflecting investor optimism.

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