- The SEC launched a Crypto Task Force, led by Commissioner Hester Peirce, to create a clear regulatory framework for crypto assets.
- The initiative aims to move beyond enforcement actions by providing clear registration paths and fostering innovation while protecting investors.
- Public input is encouraged via Crypto@sec.gov, with plans for roundtables to involve a broad range of stakeholders.
Washington D.C., Jan. 21, 2025 – The SEC has taken a significant step toward reshaping the crypto regulatory landscape, with Acting Chairman Mark T. Uyeda announcing the launch of a Crypto Task Force. This initiative, led by Commissioner Hester Peirce, aims to establish a clear and practical framework for crypto asset regulation.
A Shift Toward Clarity and Collaboration
The newly formed task force will work across SEC divisions, leveraging staff expertise and public input to craft sensible disclosure guidelines and registration paths. Moving beyond the SEC’s previous reliance on enforcement actions, it seeks to eliminate confusion in the industry and create a regulatory environment that encourages innovation while protecting investors.
Key Leadership and Goals
With Richard Gabbert as Chief of Staff and Taylor Asher as Chief Policy Advisor, the task force will focus on drawing regulatory lines, ensuring compliance aligns with congressional statutes, and collaborating with other federal and state agencies. Public involvement will be a cornerstone of its work, with feedback invited at Crypto@sec.gov.
Commissioner Peirce’s Vision
Commissioner Peirce emphasized the importance of a collaborative approach, calling for input from investors, industry players, and academics. “This effort will take patience and hard work,” she stated, “but together, we can foster a regulatory framework that balances investor protection with market innovation and integrity.” Public roundtables are planned to deepen engagement and refine the initiative further.
