Just a day after his designation as SEC Acting Chair, Mark Uyeda has already made a significant move in favor of the cryptocurrency industry, establishing a crypto Task Force to be led by none other than the community's beloved "Crypto Mom,

The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.

SEC, under acting chair Mark Uyeda has launched a crypto task force. “Crypto Mom” Hester Peirce will spearhead the initiative. The task force aims to

The new task force will be led by Commissioner Peirce and was unveiled by an SEC release criticizing the commission’s prior approach to crypto enforcement.

The group led by Commissioner Hester Peirce will take input from within and outside the agency to create a clear regulatory framework for crypto assets.