The Securities and Exchange Commission has been the crypto industry's largest regulatory enemy for the last four years — suddenly, it could very well become its largest advocate. With Hester Peirce, affectionately known as "Crypto Mom,

This week, on the first full day of the new administration, the SEC under acting Chairman Mark Uyeda announced the formation of an agencywide task force to study cryptocurrencies and chart a “sensible regulatory path that respects the bounds of the law.

On January 21, 2025, the SEC announced the formation of a new Crypto Task Force. Styled “Crypto 2.0” in the SEC press release, the announcement signals a shift in the agency’s approach to the digital asset sector coincident with the change in presidential administrations.