#SECCrypto2.0
SEC Encourages "Crypto 2.0" Initiative, Supports New Presidential Task Force for Digital Assets
AI Summary
The U.S. Securities and Exchange Commission (SEC) has officially advanced the "SEC Crypto 2.0" initiative and called for the establishment of a Presidential Crypto Working Group, signaling a renewed push for tighter oversight and structural reforms in the digital asset sector.
According to documents cited by ChainCatcher, the SEC aims to align the trading of digital asset securities with traditional financial instruments by implementing standard transaction reporting requirements based on the Securities Exchange Act.
Key Highlights of the SEC Crypto 2.0 Proposal:
Equal Reporting for Digital Assets
The SEC will advocate for treating digital asset securities like traditional securities, requiring timely transaction reporting to enhance transparency and protect investors.
