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  • Claim
  • News event

Name

Acting chair of SEC Mark T. Uyeda formed Crypto task force because SEC previously primarily relied on enforcement actions to regulate crypto retroactively, adopting novel interpretations and there was lack of regulatory clarity

Types

Claim
News event

Event date

12:00am, Tuesday, January 21, 2025

Quotes that support claims

To date, the SEC has relied primarily on enforcement actions to regulate crypto retroactively and reactively, often adopting novel and untested legal interpretations along the way,” the statement said. “Clarity regarding who must register, and practical solutions for those seeking to register, have been elusive. The result has been confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud. The SEC can do better
Today SEC Acting Chairman Mark T. Uyeda launched a crypto task force dedicated to developing a comprehensive and clear regulatory framework for crypto assets

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Summary

Crypto news

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