The Trump administration has launched a task force aimed at reducing regulatory hurdles for cryptocurrencies. This initiative comes a day after President Donald Trump returned to the White House. The Securities and Exchange Commission (SEC) announced that acting Chair Mark Uyeda has formed a 'crypto task force' to create a clear and comprehensive regulatory framework for crypto assets. Commissioner Hester Peirce will lead the task force, with Richard Gabbert and Taylor Asher taking on key advisory roles.