Trump Administration Launches SEC Crypto Task Force

Benzinga

The Trump administration began efforts to ease cryptocurrency regulations as the SEC launched a crypto task force to develop a clear regulatory framework. Acting Chair Mark Uyeda announced the initiative, aiming to clarify registration rules for crypto assets while providing enforcement resources. Bitcoin surged following the news. This move reflects the administration’s crypto-friendly stance, contrasting with the Biden-era SEC, which faced criticism for its regulatory approach. The task force will hold public hearings and collaborate with agencies to address investor protection, innovation, and market integrity.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Trump administration began efforts to ease cryptocurrency regulations as the SEC

00:07launched a crypto task force to develop a clear regulatory framework.

00:11Acting Chair Mark Uyeda announced the initiative, aiming to clarify registration rules for crypto

00:17assets while providing enforcement resources. Bitcoin surge following the news. This move

00:24reflects the administration's crypto-friendly stance, contrasting with the Biden-era SEC,

00:29which faced criticism for its regulatory approach. The task force will hold public

00:35hearings and collaborate with agencies to address investor projection, invention,

00:40and market integrity. For all things money, visit Benzinga.com slash GSTV.

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