• 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

Chainlink Faces Critical Support at $1.25

chest

Chainlink is at a pivotal moment as it tests the $1.25 support level amid market fears.

user avatarTenzin Dorje

Litecoin and TRON Show Resilience Amid Market Volatility

chest

Litecoin and TRON are maintaining their market positions, providing stability for investors during uncertain times.

user avatarBayarjavkhlan Ganbaatar

China Launches New Weather Data Set to Boost AI Forecasting and Reduce European Dependence

chest

China is ramping up efforts to develop a homegrown weather data set, CMARA V1, to reduce reliance on European data sources like the ERA5 dataset.

user avatarMohamed Farouk

Bitcoin's Regime Score Indicates Tactical Upside Potential

chest

Bitcoin's Regime Score has transitioned into a favorable zone, suggesting potential for positive returns in the near future.

user avatarElias Mukuru

Max Schrems Critiques EU's Digital Privacy Enforcement

chest

Max Schrems, Chairman of noyb, criticizes the EU's digital enforcement measures during the PrivacyInMotion event, calling it a digital failed state.

user avatarDiego Alvarez

Michael Hassett Emerges as Top Contender for Federal Reserve Chair

chest

Michael Hassett is currently the frontrunner to become the next Federal Reserve Chair with a 61% probability according to Polymarket.

user avatarKenji Takahashi

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.