The #SEC has launched a new crypto task force with the goal of bringing regulatory clarity to the often turbulent digital asset sector. Under the leadership of SEC Commissioner #HesterPeirce , the initiative aims to move beyond enforcement-focused strategies and foster a more collaborative and constructive regulatory framework.

Peirce acknowledged the challenges ahead, stating, “It is going to take us some time to get out of it,” and stressed the importance of a deliberate and thoughtful approach to regulating the industry.

The task force, spearheaded by Peirce, is focused on enhancing regulatory transparency and addressing previous shortcomings in the oversight of digital assets.