SEC Creates a New Crypto Task Force
4
2
The U.S. Securities and Exchange Commission (SEC) has established a new crypto task force to address the rapidly evolving cryptocurrency industry. This initiative marks a shift from the SEC's previous reliance on retroactive enforcement actions, which have been criticized for creating regulatory ambiguity and stifling innovation. The task force will focus on defining clear registration requirements and disclosure frameworks for crypto entities, aiming to provide practical compliance pathways. Acting Chairman Uyeda emphasized the importance of aligning regulations with statutory frameworks, acknowledging that this effort will require time, patience, and significant effort.
Previous
Nvidia: UBS Calls Stock Fears ‘Overblown,’ Projects $9B Revenue
Next
SEC Launches Crypto Task Force to Develop Clear Regulation
