Bitcoin and crypto market set for rally as acting SEC Chair Mark Uyeda launches crypto task force

  • SEC acting chairman Mark Uyeda launched a crypto task force to provide a comprehensive regulatory framework for digital assets.
  • Pro-crypto Commissioner Hester Peirce has been assigned to head the new unit.
  • The crypto market remained fairly stable as Bitcoin consolidated below $110,000. 

Bitcoin (BTC) and the crypto market saw a slight uptick following Securities & Exchange Commission (SEC) acting chairman Mark Uyeda’s announcement of the creation of a crypto task force on Tuesday, led by Commissioner Hester Peirce, aiming to guide the agency toward a more practical regulatory framework for digital assets.

Hester Peirce set to lead new crypto task force launched by SEC acting chairman Mark Uyeda

Acting SEC…

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