SEC Forms New Crypto Task Force
Key Takeaways
- The U.S. SEC is setting up a crypto task force aimed at developing clearer regulations and guidelines for the crypto industry.
- The crypto task force will be led by SEC Commissioner Hester Peirce, who has been a critic of the agency’s enforcement-driven approach to crypto regulation during her tenure.
- The SEC still has a number of open cases against Coinbase, Ripple, and other crypto companies. However, these are likely reviewed, according to recent reports.
The U.S. Securities and Exchange Commission (SEC) said Tuesday that it has created a cryptocurrency task force to develop a regulatory framework for digital assets.
The new task force is intended to help the SEC move away from its prior reliance on enforcement actions…
