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In January 2025, the U.S. Securities and Exchange Commission (SEC) launched "Crypto 2.0," a comprehensive initiative to establish a clear regulatory framework for crypto assets. Led by Commissioner Hester Peirce, the SEC's Crypto Task Force aims to provide clarity on the application of federal securities laws to the crypto asset market and recommend practical policy measures that foster innovation while protecting investors. citeturn0search0 The initiative focuses on aligning digital asset securities trading with traditional financial instruments by enforcing standardized transaction reporting requirements under the Securities Exchange Act. It also emphasizes stricter oversight of off-chain transactions, such as over-the-counter and decentralized platform trades, which are considered high-risk and underregulated. Additionally, the SEC proposes establishing a Digital Asset Transaction Repository (DART) in collaboration with the Commodity Futures Trading Commission (CFTC) to centralize and monitor all digital asset securities transactions, enhancing market transparency and investor protection. citeturn0search1 The task force seeks input from investors, industry participants, academics, and other interested parties through meetings, information requests, and roundtable discussions, aiming to foster a regulatory environment that balances innovation with investor protection. citeturn0search2
For more information, you can watch the following video:
videoSEC Forms Crypto 2.0 Task Force to Enhance Trade Oversightturn0search6