Mark Uyeda, the temporary president of the US Securities and Stock Exchange Commission (SEC), announced its new executive staff to the public. The statement said that three members who will carry out studies on crypto regulation were appointed. It was stated that the appointments from the institution and experienced names in the crypto field were expressed.
Appointments and tasks
In the appointments, Richard Gabbert took part in the team of Hester Pierce, who had previously worked as a crypto -friendly task. Gabbert will work both as the head of the task and a senior consultant to Uyeda. Taylor Asher has previously served as Uyeda’s senior policy consultant and was determined as the main policy consultant of the task force.
As the other appointment, Landon Zinda has previously worked as a policy director at Coin Center, a crypto -oriented thinking tank. Zinda’s history makes itself an experienced name on the subject.
New regulation emphasis
The SEC announced that it has created the new crypto task force to develop a comprehensive and clear regulatory framework. This task power will carry out close cooperation between congress and crypto sector and other regulatory institutions. In a statement, the deficiencies in the sanction -oriented approach implemented in the past were pointed out.
In a press release, SEC said that the existing methods were inadequate and created legal uncertainties. It was mentioned that the institution, registration requirements and difficulties in implementation have negative effects on the sector.
SEC: “So far, the SEC has tried to ensure the regulation of retrospective interventions. The uncertainty about registration obligations and practical solutions led to legal confusion. This damaged the innovation environment. SEC may improve in this regard. ”
New appointments are considered as part of the institution’s effort to reshape its approach to crypto arrangement. The past experiences of appointed names are expected to contribute to the development of the regulatory framework. It is thought that this development can create a clearer environment between both the sector and the relevant regulatory authorities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
