Source: Blockchain Knight

The U.S. Securities and Exchange Commission (SEC) announced the establishment of a dedicated Crypto working group, led by Commissioner Hester Peirce.

The working group will reportedly provide a strong and transparent regulatory framework for digital assets.

This move reflects the SEC’s prioritization of proactive enactments to bring clearer regulation to the U.S. Crypto industry.

The Crypto Asset Task Force will focus on resolving long-standing ambiguities in the regulatory handling of digital assets.

Historically, the SEC has relied primarily on enforcement actions to address issues in the crypto asset space, and these actions are often retroactive.

Most importantly, it may finally clarify which assets are securities and which are not.

These clarifications are critical to resolving ongoing legal proceedings such as the SEC v. Ripple Corporation.

The new Crypto Asset Task Force was announced by Mark Uyeda, who took office as acting chairman of the SEC yesterday.

Uyeda will continue to lead the agency until Paul Atkins is formally appointed through the congressional process.

The working group will prioritize defining clear registration requirements and disclosure frameworks for Crypto entities, while developing practical compliance pathways.

Uyeda said: "This work requires time, patience and a lot of effort to create a regulatory environment that protects investors and supports innovation."

Overall, this The move brings positive relief to the Crypto asset community.

Yesterday, the new US President did not mention Crypto assets at his inauguration ceremony, nor did he sign any executive order, which made people very disappointed.

The working group will work extensively with divisions within the SEC, industry stakeholders and global regulatory counterparts, such as the U.S. Commodity Futures Trading Commission. The aim is to ensure a unified approach and reduce jurisdictional overlap.

Commissioner Peirce pointed out: “Success depends on the opinions of investors, academics and other interested parties.”

This is an important milestone for the US Crypto industry.

First of all, Commissioner Peirce, known as the "Mother of Crypto Assets", has always been one of the biggest advocates of digital assets in the United States. Last year, she issued a wide-ranging opinion on the shortcomings of the SEC's crackdown on the industry.

Zack Guzmán wrote: "Security and Exchange Commission Commissioner Hester Peirce was just named head of the Crypto Asset Task Force, which is awesome."

"I When I interviewed her last month, she predictedThree things will happen under SEC leadership in favor of Crypto assets. Chief among them is that the SEC may take action 'early' and give the green light to tracking via ETFs, which would be a big deal. ”

As the Crypto asset industry continues to evolve, the task force’s work is likely to influence global regulatory trends. It may set a benchmark for other jurisdictions.

Gary After Gensler’s departure, some Crypto ETF applications are pouring into the agency. As regulatory clarity emerges, the industry may see more alternative asset ETFs approved this year.

Overall, this is a bold step by the SEC. This step is expected to open up a new path for Crypto asset governance.