The U.S. Securities and Exchange Commission (SEC) has launched a new task force aimed at developing a comprehensive regulatory framework for crypto assets. The initiative was unveiled today by Acting SEC Chairman Mark T. Uyeda and will be spearheaded by Commissioner Hester Peirce.
Richard Gabbert, Senior Advisor to Chairman Uyeda, has been appointed as the task force’s Chief of Staff, while Taylor Asher, Senior Policy Advisor, will serve as the Chief Policy Advisor.
This task force will focus on key aspects of crypto asset regulation, including registration processes, transparent disclosure policies, and effective enforcement of regulatory measures. Historically, the SEC has taken a reactive approach to crypto regulation, primarily relying on enforcement actions.
Commissioner Peirce emphasized the importance of gathering diverse input from stakeholders to ensure the task force’s success. “This effort will require time, patience, and significant effort. It will only succeed with contributions from a broad spectrum of investors, industry participants, academics, and other relevant parties,” Peirce stated.
The SEC has invited public participation and plans to hold roundtable discussions in the future to gather further insights.
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