SEC Task Force to Clear Crypto Rules, Support Ripple

On January 21, 2025, SEC announce say dem form Crypto Task Force wey Acting Chair Mark Uyeda lead. Dis new unit get aim to clean up SEC crypto rules by to talk which digital assets fit be securities and make realistic registration guide. Di SEC Crypto Task Force plan move resource dem from general enforcement waka go targeted oversight, wey focus on clear disclosure standards and investor protection. Market reaction dey cautious but optimistic. Traders and institutions don see some small increase for confidence as di agency dey signal say dem ready change tactic. Commissioner Hester Peirce dey help make pragmatic ways for token registration, reduce compliance costs and support responsible innovation. Even with di recalibration, SEC still get power to act on serious violation dem. Crypto companies suppose start token classification audit, make disclosures and corporate governance strong, plus prepare for phased registration filing dem. To engage with regulators and to dey watch ongoing guide dem dey important well well. Overall, SEC Crypto Task Force na big move towards predictable market rules and e fit speed up institutional adoption once official guidelines drop.