The U.S. Securities and Exchange Commission (SEC) has announced the establishment of a special task force for cryptocurrencies, aimed at developing a more reasonable regulatory approach. The SEC's past enforcement actions and ambiguous legal interpretations have been criticized for causing confusion in the crypto space and stifling innovation.

The U.S. Securities and Exchange Commission announced a crypto task force to establish a more sensible regulatory approach. The SEC has been criticized for its past enforcement actions and unclear legal interpretations, leading to confusion and hindering innovation in the crypto space.

The U.S. SEC establishes a special task force for cryptocurrencies to promote reasonable regulation.