• 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

Community Responds to Zeiler's Claims on Codius

chest

XRP community members respond to Steven Zeiler's claims about the Codius project, emphasizing its token-agnostic design and discussing its current status.

user avatarNguyen Van Long

Dogecoin Forms Bullish Pennant on Monthly Chart

chest

Dogecoin is showing significant technical patterns on its monthly chart, indicating a potential bullish breakout.

user avatarAyman Ben Youssef

Meta Acquires Moltbook, Expanding into AI Social Networking

chest

Meta has acquired Moltbook, a social network where AI agents interact autonomously, expanding its ecosystem into AI.

user avatarTando Nkube

NVIDIA Partners with Thinking Machines Lab to Advance AI Technology

chest

NVIDIA has announced a multiyear strategic partnership with Thinking Machines Lab to advance AI technology.

user avatarKofi Adjeman

Former Ripple Engineer Discusses Codius Project's Downfall

chest

On March 8, Steven Zeiler, a former senior engineer at Ripple, discussed the failure of the Codius project, citing the lack of a native token as a key reason.

user avatarSatoshi Nakamura

Bitmine Expands Ethereum Holdings Amid Market Volatility

chest

Bitmine Immersion Technologies has made a significant purchase of Ethereum, acquiring over 60,000 units valued at more than $122 million despite ongoing market turbulence.

user avatarJesper Sørensen

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.