Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry
- The SEC announced the launch of a crypto task force to create a regulatory framework for cryptocurrency assets, as stated by the SEC on Tuesday.
- Acting Chair Mark Uyeda said the task force will collaborate with other agencies to draft crypto-related legislation.
- Trump's support for crypto is expected to lead to reduced regulatory scrutiny and boost investor confidence in the market.
- The task force aims to develop a regulatory path that protects investors and fosters innovation, according to Commissioner Hester Peirce.
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Total News Sources0
Leaning Left2Leaning Right6Center5Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
15%
C 39%
R 46%
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