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.