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

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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