SEC Under Trump Establishes Task Force to Develop Clear Crypto Guidelines

The Trump administration on Tuesday launched a task force to lower regulatory hurdles for cryptocurrencies, a day after President Donald Trump returned to the White House.

Addressing long-standing calls from the digital assets industry, the Securities and Exchange Commission announced that acting Chair Mark Uyeda has formed a “crypto task force.” This team will focus on creating a clear and comprehensive regulatory framework for crypto assets.

Commissioner Hester Peirce will lead the task force. Meanwhile, Richard Gabbert, senior advisor to the acting chairman, will step into the role of chief of staff. Taylor Asher, also a senior policy advisor to the acting chairman, will serve as chief policy advisor.

Mark Uyeda Assumes Acting SEC Role Ahead of Paul Atkins' Confirmation

Uyeda assumed the role of acting chair on Monday, replacing Gary Gensler, who was recognized for his strict regulatory approach, particularly toward cryptocurrencies. He will serve as acting chair until the Senate confirms Paul Atkins, Trump's nominee for the next SEC chairman.

"I look forward to the efforts of Commissioner Peirce to lead regulatory policy on crypto, which involves multiple SEC divisions and offices," Uyeda said.

SEC Under Trump Establishes Task Force to Develop Clear Crypto Guidelines

Mark Uyeda Assumes Acting SEC Role Ahead of Paul Atkins' Confirmation

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