Will SEC's Crypto Task Force Make Headway or Cause More Pain?
To strengthen its position on digital assets, the SEC formed a Crypto Task Force under the direction of Commissioner Hester Peirce.
With this program, the SEC is moving toward a more organized regulatory framework, departing from its prior enforcement-first strategy.
The task group, which aims to connect existing securities rules with the developing digital asset area, is composed of professionals such as Michael Selig and Sumeera Younis.
To talk about the future of regulating digital assets in the US, the SEC will hold a crypto roundtable on March 21.
The industry may gain from this development, which is viewed as a step in the right direction toward a transparent framework for regulating cryptocurrencies.