SEC Launches Crypto Task Force: A New Era of Regulation

Summary: In a move, the U.S. Securities and Exchange Commission, the SEC, said it will be creating a dedicated task force to come up with rules on crypto assets for good. Commissioner Hester Peirce is tapped to lead the effort, said acting Chair Mark T. Uyeda. It is quite a change from their traditional mode of operation which is chasing after problems.

The new task force is diving deep into crafting clear rules for crypto, from registration protocols to disclosure policies and enforcement measures. Richard Gabbert, a key advisor to Uyeda, will be Chief of Staff, while Taylor Asher steps in as Chief Policy Advisor.

YOU MIGHT ALSO LIKE: Trader Loses $1M in 2 Hours on BARRON Coin—Classic FOMO Fail

Peirce, also known as “Crypto Mom” in the blockchain world, made it clear this won’t be a quick fix. “We’re gonna need all hands on deck—investors, industry players, academics—everyone,” she said. The team plans to host public roundtables to get those vibes straight from the community.

For anyone passionate about crypto, this is your chance to actually shape the future. The SEC seems serious about not just dropping rules from above but listening to what people have to say. It’s still early days, but this task force could be a game-changer for the crypto scene.

YOU MIGHT ALSO LIKE: Cardano on the Rise: Is $7 ADA Just Around the Corner?

Sahil Poudel

Copy link