SEC Crypto Task Force to deal with Financial Surveillance and Privacy

The Cryptocurrency Task Force with the US Securities and Exchange Commission (SEC) is planning to hold another roundtable that may lead to changes in financial regulator policy policy.
In a notice on Monday, the SEC Says The Crypto Task Force, led by Commissioner Hester Peirce, will take a public -financial monitoring of financial and privacy monitoring on October 17. The event is to mark the sixth roundtable focused on issues In relation to digital assets At the Washington Commission, DC, the offices from the removal of former SEC chairman Gary Gensler.
“Understanding recent development in privacy protecting tools will help the SEC and other financial regulators as we work with crypto space policy solutions,” Peirce said.
Crypto -focused events focused on crypto, which includes a series of 10 meetings Throughout the US beginning in August and running until December, the SEC will come as the SEC has been suggested by the proposed rule changes that may significantly affect market participants.
On Thursday, the Commission suggested “some exceptions and safe Harbours” related to the offer and sale of crypto assets and changing the rules of financial broker, ” Reducing the burden to US crypto companies.
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Establishment of clarity in digital possessions?
Since January, the SEC and Commodity Futures Trading Commission (CFTC) – the two major financial regulators in the US – have emerged to soften their approach to actions and policies that affect crypto companies, by falling into many investigations and suits.
CFTC’s leadership now consists of only the acting seat Caroline Pham, who said in August that the agency will follow the White House leading the crypto policy.
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In the last seven days, the two regulators said they were Exploration of a potential shift In 24/7 capital markets and regulations for crypto derivatives and a coordinated effort to guard and enable Spot crypto trading.
The latter transition is in accordance with the recommendations Released in July Through the president’s working group in digital asset markets.
All the authorities and responsibilities of both the SEC and CFTC, however, may soon be subject to a proposed law working through Congress.
The US Senate version of a Digital Asset Market Bill Bill, who called the responsible law in Innovation Financial, may be law Prior to 2026, according to Senator Cynthia Lummis, one of the lawmakers who drives its passage.
Magazine: SEC U-Turn to Crypto leaves key questions that are not answered