SEC Crypto Task Force aims to determine which parts of the crypto market fall outside the SEC’s jurisdiction

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SEC Crypto Task Force aims to determine which parts of the crypto market fall outside the SEC’s jurisdiction

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Scoping Out: The Task Force will work to help identify some areas that fall outside the Commission’s jurisdiction.

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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Key priorities of SEC Crypto task force

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