As we have reported as Kriptokoin.com, the United States of the United States (SEC) announced on January 21, 2025 that it has established a new crypto task force aimed at creating a clearer regulatory structure for crypto currency assets. Now, the crypto industry expects that this step will provide more guidance for crypto beings.
Key officials have been announced for crypto currencies
The task force will be managed by the Secretary of the Security Hester Peirce and will reflect a stronger regulatory control for the crypto area under the direction of the provisional President Mark T. Uyeda. Peirce, in the current statements of the task, the task force will offer expert advice on crypto asset policy, he said. Peirce stated that the members have extensive knowledge and have a great desire to find practical solutions. In the task force, there are consultants from various departments of the SEC. The names in the leading positions are:
- Richard Gabbert, Deputy Chief
- Michael Selig, Chief Law Advisor
- Taylor Asher, Chief Policy Advisor
- Sumeera Younis, Chief of Operations
- Landon Zinda, Senior Consultant
- Donald Battle, Senior Consultant
- Bernard Nolan, Senior Consultant
- Laura Powell, Senior Consultant
- Veronica Reynolds, Senior Consultant
- Christopher Rice, Senior Consultant
- Mark SEMER, Senior Consultant
- Andrew Schoeffler, Senior Consultant
- Frank Sensenbrenner, Senior Consultant
- Robert Tepely, Senior Consultant
What is the role of the task force?
Following the announcement of the new task force, SEC and Binance demanded that SEC’s case against the crypto exchange for 60 days. This paved the way for surprise developments due to the possible effects of the task force. SEC, Consensys, Tron and Gemini withdrew the lawsuits against him. On 21 February 2025, Coinbase CEO Brian Armstrong announced that SEC had reduced his case against Coinbase. Robinhood announced that SEC was closed the investigation into the company’s crypto operations, but no accusation was made. These steps point to an important turning point in SEC’s approach to cryptovarian arrangement. Crypto task force is expected to play an important role in shaping the future of crypto money laws and policies.
