The SEC Launches New Cryptocurrency Task Force Website

BlockBeats News, February 5th, the U.S. Securities and Exchange Commission (SEC) has launched a new cryptocurrency working group website.

According to the website introduction, the cryptocurrency working group aims to clarify the application of federal securities laws in the crypto asset market and propose practical policy measures to promote innovation and protect investors. The working group collaborates with Commission staff and the public to help develop new approaches to cryptocurrency asset regulation.

The working group will help define clear regulatory boundaries, appropriately differentiate between securities and non-securities, develop a tailored disclosure framework, provide practical registration pathways for crypto assets and market intermediaries, ensure that investors have the information needed to make investment decisions, and ensure that enforcement resources are deployed wisely. (Jinse)