SEC Launches Crypto Task Force on Trump’s 2nd Day in Office
- The SEC announced the creation of a new crypto task force on Tuesday.
- It will help draw clearer rules for the crypto space, the agency said in a statement.
- Gary Gensler, the former SEC Chair who pursued more stringent regulation of crypto, departed on Monday.
The Securities and Exchange Commission is rolling out a new cryptocurrency task force, the first big move in the crypto space of Donald Trump’s second term in the White House.
The SEC announced the creation of the task force in a statement on Tuesday. The task force will be led by Hester Peirce, the SEC Commissioner Trump appointed during his first term.
Among other things, the task force will help “draw clear regulatory lines” for the market, the…