The US Securities and Exchange Commission (SEC) has launched a new crypto task force, spearheaded by Commissioner Hester Peirce, to establish a clearer regulatory framework for digital assets. Acting Chairman Mark Uyeda announced the initiative, positioning the task force to address longstanding concerns about regulatory ambiguity that critics argue stifle innovation and encourage fraud.
The task force will draw from talent across the agency and collaborate with industry stakeholders to define registration requirements, create practical disclosure guidelines, and refine enforcement strategies.
The effort comes as the SEC moves beyond its enforcement-heavy approach to provide clarity within the bounds of existing law while working with Congress on potential legislative updates. Uyeda emphasized the importance of Peirce’s leadership in unifying agency efforts, while Peirce highlighted the need for inclusive dialogue with investors, industry players, and academics to foster innovation alongside investor protection.
