Us sec holds crypto task force foundable as trump plans Regulatory Revamp
The US Securities and Exchange Commission’s Crypto Task Force Held Its First Public Meeting With Experts on Friday, Focusing on How Securities Laws Might Apply to Digital Assets as the tramp Administration looks to overhaul cryptocurrency regulations.
Among the participants of the roundable was John Reed Stark, Former Chief of the Sec’s Office of Internet Enforcement, Miles Jennings, The General Counsel for Andreessen Hrowitz’s Crypto ArM, A16z, and forr Sec commissioner troy paredes. Republican Sec Commissioner Hester Peirce is leading the task force, which is charged with development rules and guidance for crypto.
“Spring Signifies New Beginnings and We have a new begging here, a restart of the commission’s approach to crypto regulation,” said peerce.
The Crypto Industry has long clashed with regulators over how federal securities laws translate to digital assets, with many arguing that crypto tokens are more akin to commodities. Tokens classified as securities would require firms to register with the sec and provide certain disclosures to investors.
President Donald Trump, Who Campaigned on Promies to be a “Crypto President,” Has Pledged to Reverse an Industry Crackdown Under Former President Joe Biden ‘ Crypto Companies, Including Coinbase and KRAKEN, Alleging they had flouted its rules. The Sec’s New Leadership has agreed to withdraw or pause many of that cases.
The task force on Friday Debated Whether Crypto Tokens Require a New, Separate Regulatory Framework, Different from How the Securities Securities Such as rights.
Jennings urged the sec to take a “Technology-Neutral” Approach, “Looking at what differentials a system like ethereum from Ownership of Equity in Apple.”
Some, Including Democratic Sec Commissioner Caroline Crenshaw, Expressed Concern that The Regulator would loosen rules for cryptocurrencies by outloating them to open regim
“Modifying the law to facilitate the success of a chion product category is frught with risk,” Said creenshaw. “Risk not only of weaqening regulatory protectives for that category, but of creating the negative domino effect on other area of the market protected by the same laws.”
The task force’s first foundable comes as trump have sought to broadly overhaul policies towed cryptocurrency. Earlier this month, Trump Signed an Executive Order to Establish a Strategic Reserve of Cryptocurrency and Held a Summit for Industry Leaders at the White House.
© Thomson Reuters 2025
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