The U.S. Securities and Exchange Commission (SEC) has announced the formation of a task force focused on developing a regulatory framework for cryptocurrencies.
The task force aims to bring clarity to the crypto industry, as current regulations are unclear and have led to confusion among participants.
SEC Commissioner Hester Peirce, known for her pro-crypto stance, will lead the task force.
President Donald Trump's crypto policies are still uncertain, although there are mixed expectations about his potential actions in the sector.