Peirce spoke to II about expanding the reach of capital markets, exemptive relief, the role of banks in private credit, and whether deregulation can go too far.

"CryptoMom” Hester Peirce, who was appointed by President Trump to the SEC in 2018, will lead the new task force to develop clear rules for digital assets, encouraging compliance and reducing fraud.

President Donald Trump 's newly appointed Securities and Exchange Commission acting chairman, Mark Uyeda, announced the launch of a cryptocurrency task force to be led by Republican commissioner Hester Peirce.

"Lawyers have been hoping for clear regulatory lines and it sounds like they may be on the path to getting it,” said David A. Shargel, a partner at Bracewell who frequently litigates against the U.S.

Commissioner Mark Uyeda will take over running the U.S. Securities and Exchange Commission as the agency awaits the Senate confirmation on

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,

SEC, under acting chair Mark Uyeda has launched a crypto task force. “Crypto Mom” Hester Peirce will spearhead the initiative. The task force aims to

The US Securities and Exchange Commission has taken its first step toward crypto regulatory clarity following former Chair Gary Gensler’s departure on Jan. 20. According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets.

U.S. Securities and Exchange Commission Acting Chairman Mark T. Uyeda created a crypto task force charged with developing a comprehensive and clear regulatory framework for crypto assets, the agency said on Tuesday.

The move comes as the Securities and Exchange Commission is expected to become more friendly to the cryptocurrency industry under the Trump administration.

The U.S. Securities and Exchange Commission's new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump's new administration to overhaul crypto policy.