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Acting SEC Chairman Appoints Three Executives to Crypto Asset Task Force

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Uk Jin
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  • The SEC announced the list of the Crypto Asset Task Force, emphasizing the development of a comprehensive and clear regulatory framework.
  • This Task Force stated that it will prioritize the classification of crypto asset securities through close cooperation with Congress, the industry, and the CFTC.
  • This will clarify the transition of company registration methods and the approval or rejection decisions of exchange-listed products.
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  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to CoinDesk on the 4th (local time), Acting Chairman of the Securities and Exchange Commission (SEC), Mark Uyeda, has announced the list of leaders for the Crypto Asset (Cryptocurrency) Task Force.

Firstly, Richard Gabbert has been appointed as the Acting Chair and Chief Counsel of the Crypto Asset Task Force. Taylor Asher has been appointed as the Senior Policy Advisor to the Acting Chair, and Landon Jinda has been appointed as the Senior Counsel of the Task Force.

Previously, the SEC announced the establishment of the Crypto Asset Task Force just one day after former Chairman Gary Gensler resigned. The SEC Crypto Asset Task Force will be responsible for developing a comprehensive and clear regulatory framework for cryptocurrencies and will closely collaborate with Congress, the industry, and the Commodity Futures Trading Commission (CFTC).

Meanwhile, the Crypto Asset Task Force will prioritize the classification of crypto asset securities. This aims to transition the registration methods of companies and clarify approvals or rejections of exchange-listed products.

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