SEC Commissioner Hester Peirce Announces a New Crypto Task Force for Crypto Regulations | Airdrop Alert Pro

The US Securities and Exchange Commission (SEC) is using a new method to start through its new encrypted special forces, thereby getting rid of the past law enforcement strategy to regulate the encryption industry. Leaded by the commissioner Hester Peirce, it is usually called “encrypted mother” because her support position for digital assets aims to decompose long -term uncertainty in the encrypted currency field.

What can SEC do?

exist Recent statementPEIRCE outlines the work of the encrypted special forces. One of its main goals is to solve whether cryptocurrency should be classified as a long -term problem of securities or products.

It also aims to create a smoother registration process for cryptocurrency companies. This task is a challenge for existing SEC rules.

Another focus is on encryption loans and planning plans, which are two areas facing regulatory review. The work team will determine how these activities are suitable for the current legal framework and whether they need to adjust.

In addition, the SEC will strive to define its role in the field of cryptocurrencies and clarify which aspects of the market are not outside its authority.

Clean up and innovate

The change in this direction is only a few weeks later Gensler is gone As a SEC chair. The logo of his leadership is a strict “law enforcement regulations” strategy, which many people in the industry criticize and be too aggressive in the industry.

PEIRCE compares the SEC’s previous processing of encrypted regulations with the chaotic highway travel-suddenly stops, unclear directions and uncertain destinations.

However, PEIRCE pointed out that the new work team will focus on formulating fair and transparent rules, rather than simply punishing the facts after the facts.

Focus on other encrypted ETFs

In addition to the clarity of regulations, Pierce also mentioned that SEC is also Examine the new application Crypto Exchange Trading Fund (ETF). After the approval of Bitcoin and Ethereum Ethereum in 2024, the agency is now considering the funds of other cryptocurrencies such as XRP, Solana and Dogecoin.

In addition, there are some proposals to introduce new features to encrypted ETFs, such as providing rewards for investors. PEIRCE promises that SEC will provide a clear explanation for its decisions of these applications.