Please be advised, on January 21, 2025, the Securities and Exchange Commission (“SEC”) under the Acting Chairman, Mark T. Uyeda, announced the formation of a new agencywide “Crypto Task Force” (“Task Force”), which will be led by Commissioner Hester Pierce. The announcement titled “SEC Crypto 2.0” marks a shift in the previous regulatory approach to the crypto industry at large, which is reflective of the new Trump administration. According to the SEC, the Task Force will be dedicated to developing a comprehensive and clear regulatory framework for crypto assets and underscores its commitment to “draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously” in the rapidly evolving digital asset sector.
Please see full publication below for more information.
