Trump’s SEC is launching a ‘crypto task force’
In This Story
The Securities and Exchange Commission (SEC) on Tuesday announced it would launch a “crypto task force” to devise a clear regulatory framework for cryptocurrency assets.
The SEC’s new task force will work with other staff and the public to develop a “sensible regulatory path that respects the bounds of the law,” the agency said in a press release. The announcement, the first published under Acting Chairman Mark Uyeda, also bashed the SEC’s prior actions under Chair Gary Gensler, a fierce crypto critic who resigned on Monday.
Gensler favored enforcement actions that acted to rein in bad actors following alleged violations of…
