• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SEC Task Force Led by Hester Peirce to Establish Clear Crypto Regulatory Framework

user avatar

by Giorgi Kostiuk

a year ago

With Donald Trump's election and under the leadership of Hester Peirce, the US SEC has formed a new task force to improve crypto regulations.

Mark Uyeda's Appointment and Initial Actions

Following Gary Gensler's departure, Mark Uyeda took over as Acting Chair of the SEC and announced the formation of a new task force to refine the regulatory approach to cryptocurrencies, focusing on registration and disclosure improvements.

Core Goals of the US SEC Task Force

The task force aims to develop a comprehensive regulatory framework for crypto assets. Its responsibilities include establishing clear regulatory lines, pathways to registration, and judicious use of enforcement resources.

State of Crypto Regulations in the US

Despite Gensler's strict approach, the crypto landscape in the US improved in 2024, with the SEC approving Bitcoin ETFs from firms like BlackRock and Fidelity.

"To date, the SEC has relied primarily on enforcement actions to regulate crypto retroactively and reactively."SEC

With a new administration and task force, the SEC aims to build a clearer, more transparent regulatory system for the crypto industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.