#SECCrypto2.0 The U.S. Securities and Exchange Commission (SEC) has launched the "Crypto 2.0" initiative, aiming to strengthen oversight and provide a clearer regulatory framework for digital asset securities. This effort reflects the SEC's push to balance innovation with stronger consumer protection and market integrity in the cryptocurrency sector.
In a related move, President Donald Trump signed an executive order to establish the President’s Working Group on Digital Asset Markets. This group includes the Treasury Secretary, the Attorney General, and the heads of both the SEC and the Commodity Futures Trading Commission (CFTC). Its goal is to develop comprehensive policies to regulate and support the growth of the $3.5 trillion cryptocurrency market.
SEC Commissioner Hester Peirce, known for her supportive stance on cryptocurrencies, will lead a newly formed crypto task force. This task force will work with SEC staff and the public to create clear registration guidelines and disclosure requirements for digital assets.
These steps mark a significant shift in the U.S. government's approach to cryptocurrency, highlighting a focus on both increased regulation and fostering innovation in the digital asset space.