U.S. SEC establishes cryptocurrency working group to develop regulatory framework

PANews reported on January 22 that according to Jinshi, Acting Chairman of the U.S. Securities and Exchange Commission (SEC) Mark Uyeda established a cryptocurrency task force “committed to developing a comprehensive and clear regulatory framework for cryptocurrency assets.” Commissioner Hester Peirce will lead the task force. The focus of the working group will be to help the Commission draw clear regulatory boundaries, provide a practical path to registration, develop a reasonable disclosure framework, and deploy enforcement resources wisely. Senior advisers Richard Gabbert and Taylor Asher serve as the task force's chief of staff and chief policy adviser, respectively.