The U.S. Securities and Exchange Commission’s (SEC’s) new leadership has announced the creation of a task force to develop a regulatory framework for crypto assets, marking the first major push by the Trump administration to reshape policy around cryptocurrencies.
SEC Acting Chairman Mark Uyeda, named to the role by President Donald Trump in a wave of Inauguration Day appointments, announced the new task force in a Jan. 21 press release. Uyeda, seen as crypto-friendly, will temporarily helm the SEC until Trump’s permanent nominee, Paul Atkins, completes his Senate confirmation process.
“The Task Force’s focus will be to help the Commission draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously,” the SEC said in a statement….