The SEC has announced the formation of a task force focused on establishing a clear regulatory framework for crypto assets. The agency, along with the task force, will work towards creating a sensible regulatory approach within the boundaries of the law.
The task force will be led by SEC Commissioner Hester Peirce, who was previously considered for the role of SEC Chair under the Trump administration.
According to Peirce, this initiative will require collaboration from investors, industry participants, academics, and other interested parties in order to successfully achieve its goals.
The public can play a significant role in fostering a regulatory environment that ensures the protection of investors, promotes capital formation, maintains market integrity, and supports innovation.
During his latest campaign, former President Trump, who had previously criticized crypto, began accepting digital assets as donations through Coinbase Commerce.
