Pierce, who was appointed by Acting Chair Mark Uyeda to spearhead the Crypto Task Force, laid out 10 of the group’s priorities, including resolving the question of what makes a cryptocurrency a security vs. a commodity, and creating a more “viable” path to registration by modifying the SEC’s existing paths. Other priorities include “provid[ing] clarity about whether crypto-lending and staking programs are covered by the securities laws” and deciding which parts of the market fall outside the SEC’s jurisdiction.
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SEC Commissioner Hester Peirce announced on February 4 that the SEC Crypto Task Force has outlined 10 priorities to establish a clear regulatory framework for digital assets
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SEC Crypto Task Force will focus on providing clarity on whether crypto lending and staking programs are covered by securities laws
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SEC Crypto Task Force aims to determine which crypto assets are securities and which are not
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