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The U.S. Securities and Exchange Commission (SEC) has formally moved forward with its "SEC Crypto 2.0" initiative, proposing the creation of a Presidential Cryptocurrency Working Group. This marks a significant step toward enhancing regulatory oversight and implementing structural reforms in the digital asset industry.
As reported by ChainCatcher, official documents reveal that the SEC intends to bring digital asset securities in line with traditional financial instruments by enforcing standardized transaction reporting rules under the Securities Exchange Act.
Key Highlight:
SEC launches "Crypto 2.0" initiative and calls for a Presidential task force to push stronger oversight and standardized reporting in the digital asset space.
