The SEC has launched #Crypto2.0, a major pivot in how it approaches digital asset regulation. Instead of relying on enforcement actions, the agency is forming a dedicated task force to develop clearer, more structured rules for the crypto industry. The goal is to balance innovation with investor protection, addressing long-standing confusion over what counts as a security. This initiative also includes proposals for stricter oversight of off-chain transactions and even explores the idea of a national digital asset reserve. While some commissioners are pushing back, calling it a risky reversal, others see it as a long-overdue update. With input from industry leaders, academics, and investors, Crypto 2.0 could redefine how crypto operates in the U.S.—if it follows through.