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Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry

  • The SEC has launched a crypto task force to create a regulatory framework for the crypto industry, as announced by Acting Chair Mark Uyeda on Tuesday.
  • Bitcoin rose 4.3% to $105,683.7 after the announcement, boosting confidence in crypto-friendly regulations under President Trump.
  • Trump confirmed his involvement with the memecoin $TRUMP, which rose nearly 28% on Wednesday, despite questions about its performance.
  • The task force aims to clarify rules on digital assets and may influence the SEC's approach to crypto regulations moving forward.
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http://coinprofitnews.com broke the news in on Tuesday, January 21, 2025.
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