Reported 1 day ago
The SEC has launched a new crypto task force led by Commissioner Hester Peirce, aiming to create a clear regulatory framework for crypto assets. The task force will collaborate with Congress and various federal agencies to enhance regulations, ensuring they protect investors while promoting market integrity and innovation. This initiative comes as a shift from former SEC chair Gary Gensler's approach, which was more adversarial towards crypto. The task force seeks public input and intends to clarify registration processes to encourage a healthier environment for crypto businesses.
Source: YAHOO