The U.S. Securities and Exchange Commission (SEC) has established a new task force to navigate the regulatory landscape for cryptocurrencies. This move comes as 80% of Americans, according to recent polls, support the regulation of digital assets. The task force will be led by Commissioner Hester Peirce, known as “Crypto Mom” for her advocacy of blockchain technology. The SEC’s initiative aims to create a clear regulatory framework for cryptocurrencies, addressing the growing need for oversight in this rapidly evolving market. This development follows a series of high-profile events in the crypto space, including the delisting of wBTC by Coinbase and the acquisition of Hashnote by Circle to enhance USDC liquidity.
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