Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory framework.
The SEC’s new crypto task force, led by Hester Peirce, may speed up ETF approvals for XRP, SOL, and DOGE, bringing clearer regulations and improved investor access.
President Donald Trump 's newly appointed Securities and Exchange Commission acting chairman, Mark Uyeda, announced the launch of a cryptocurrency task force to be led by Republican commissioner Hester Peirce.
Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on
The U.S. Securities and Exchange Commission (SEC) could see a shift in its approach to cryptocurrency enforcement under the incoming Trump administration.
With Donald Trump in the White House, the new-look SEC is taking aim at its past crypto regulation tactics and developing a new path forward.
The US Securities and Exchange Commission has taken its first step toward crypto regulatory clarity following former Chair Gary Gensler’s departure on Jan. 20. According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets.
This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity,
The move comes as the Securities and Exchange Commission is expected to become more friendly to the cryptocurrency industry under the Trump administration.
Peirce spoke to II about expanding the reach of capital markets, exemptive relief, the role of banks in private credit, and whether deregulation can go too far.
"CryptoMom” Hester Peirce, who was appointed by President Trump to the SEC in 2018, will lead the new task force to develop clear rules for digital assets, encouraging compliance and reducing fraud.