Peirce also urged crypto companies to be patient as the agency decides how to “disentangle” itself from litigation initiated under former Chair Gary Gensler.

The SEC has launched a Crypto Task Force to bring clarity to digital asset regulations, tackle crypto securities, stablecoins, and exchanges, and engage with industry leaders. Here's what it aims to do.

Hester Peirce outlines the SEC’s Crypto Task Force plans to clarify digital asset rules, focusing on regulatory clarity and innovation.

This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity,

The SEC announced an initiative Tuesday to create a regulatory framework for digital assets with a new internal task force led by Republican commissioner Hester Peirce.

Industry groups have a wish list they say could bring more regulatory clarity around cryptocurrencies and allow for growth.

The US Securities and Exchange Commission (SEC) just pulled the trigger on its new Crypto Task Force website. The platform officially opened today, inviting public input as the SEC tries to untangle over a decade of confusion and legal gridlock in crypto regulation.