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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What is next for crypto regulation in the US?
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Total News Sources127
Leaning Left3Leaning Right8Center6Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
L 18%
C 35%
R 47%
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