Mark Uyeda Announces SEC Crypto Asset Task Force To Be Led By 'Crypto Mom'

It's a new era of crypto regulation without Gary Gensler. (Credit: Pixabay)

KEY POINTS

• The Task Force is expected to create 'sensible' disclosure frameworks for crypto business registration among many other duties
• Peirce said the Task Force will succeed with collaboration among key industry players and other stakeholders
• Richard Gabbert will serve as Chief of Staff, while Taylor Asher was appointed as Chief Policy Advisor

Newly-designated U.S. Securities and Exchange Commission (SEC) Acting Chair Mark Uyeda has announced a cryptocurrency task force that will work on providing a clear regulatory framework for crypto assets, and he has appointed Commissioner Hester Peirce to lead the force.