front pagePolicy supervisionTrump's SEC launches task force to tackle cryptocurrency regulation

Trump's SEC launches task force to tackle cryptocurrency regulation

Published on

spot_img

Yerevan (CoinChapter.com) - The U.S. Securities and Exchange Commission (SEC) has formed a working group to develop clear cryptocurrency regulations. Acting SEC Chairman Mark Uyeda announced the news on January 21, 2025, signaling a focus on regulatory clarity under the Trump administration.


SEC Crypto Working Group Develops Clear Guidance
The SEC’s new cryptocurrency working group will work to create a comprehensive framework for the cryptocurrency industry. Commissioner Hester Peirce, who is known for his support for cryptocurrencies, will lead the initiative. The working group will focus on addressing issues related to token registration and disclosure requirements.
The task force will also coordinate with the Commodity Futures Trading Commission (CFTC), state regulators, and international partners. This collaboration is intended to “draw regulatory lines” and ensure practical solutions for compliance, according to the SEC’s announcement.
A shift from the SEC’s previous policy
The move marks a shift from the SEC’s previous enforcement-driven policy. During Gary Gensler’s tenure as SEC chairman, the agency filed several lawsuits against cryptocurrency companies including Coinbase and Ripple and rejected attempts to establish cryptocurrency exchange-traded funds. Critics of the enforcement approach say it creates uncertainty for the industry.
Under the Trump administration, attitudes have clearly changed. Before taking office, President Trump issued a meme coin, $TRUMP, while First Lady Melania Trump issued $Melania. Both coins initially appreciated before falling in value.
The market responded positively
The cryptocurrency market was optimistic about the working group’s announcement. Bitcoin rose 2.4% to over $106,000. The industry sees the initiative as a step toward reducing uncertainty in the regulatory process.


Public Engagement and Collaboration
The SEC plans to include a variety of viewpoints in the rulemaking process. The Working Group will hold public hearings and invite stakeholders, including investors, academics, and industry leaders, to provide input via [email protected]
Additionally, the task force will provide technical support to Congress to update the legislative framework. Richard Gabbert, senior advisor to the Acting President, and Tyler Asher, senior policy advisor, will support Pierce in overseeing this initiative.
The SEC stressed the importance of transparency, stating:

“We look forward to working with the public to create a regulatory environment that protects investors, promotes capital formation, ensures market integrity, and supports innovation.”
The Task Force will collaborate with the CFTC, state regulators, and international organizations to ensure consistency in its approach. This collaboration is intended to reduce regulatory overlap and enhance clarity for market participants.

Latest Articles

Hedera价格预测:是否会飙升至8美元?随着Lightchain AI吸引主要投资者,市场展望乐观

Hedera价格预测显示,它可能会飙升至8美元,围绕该项目的看涨前景正在逐渐形成。随着Hedera的势头增强,Lightchain AI也在吸引重要投资者,已经在预售阶段以0.006美元的价格筹集了超...

卡尔达诺触发重大买入信号,FXGuys预售目标在2025年第三季度达到1000万美元

Cardano(ADA)发出明确的买入信号,激励交易者和机构支持者 ADA似乎有可能因更高的资金流入和积极的技术信号而上涨。然而,随着Cardano的发展,FXGuys的第三阶段预售突破450万美元...

这一区块链突破能否比Solana更快地带来20倍收益?

这种区块链突破能否带来比Solana更快的20倍收益?Lightchain AI 已经通过预售筹集了超过 1720 万美元,预售价格为 0.006 美元,并且将自己定位为加密领域最有前景的项目之一。凭...

索拉纳与以太坊:抛开以太坊在即将到来的山寨币季节达到15000美元的预期,SOL和该加密货币更具上涨潜力

尽管当前市场态势鹰派,关于哪种代币将在即将到来的Altseason中引领潮流的猜测仍在继续。作为主要的山寨币,以太坊(ETH)可能会未能达到其15,000美元的价格目标。然而,投资者可以从Solana...

More Articles

Hedera价格预测:是否会飙升至8美元?随着Lightchain AI吸引主要投资者,市场展望乐观

Hedera价格预测显示,它可能会飙升至8美元,围绕该项目的看涨前景正在逐渐形成。随着Hedera的势头增强,Lightchain AI也在吸引重要投资者,已经在预售阶段以0.006美元的价格筹集了超...

卡尔达诺触发重大买入信号,FXGuys预售目标在2025年第三季度达到1000万美元

Cardano(ADA)发出明确的买入信号,激励交易者和机构支持者 ADA似乎有可能因更高的资金流入和积极的技术信号而上涨。然而,随着Cardano的发展,FXGuys的第三阶段预售突破450万美元...

这一区块链突破能否比Solana更快地带来20倍收益?

这种区块链突破能否带来比Solana更快的20倍收益?Lightchain AI 已经通过预售筹集了超过 1720 万美元,预售价格为 0.006 美元,并且将自己定位为加密领域最有前景的项目之一。凭...
en_GBEnglish