SEC crypto task force to release first report 'in the next few months'
Summary
US SEC Chair Paul Atkins, in a May 20 hearing, emphasized making digital asset regulation a priority. He did not specify the budget allocation for the crypto task force led by Commissioner Hester Peirce, stating its findings are still in progress. Atkins anticipates proposing steps forward in the coming months. His appointment, nominated by Donald Trump, suggests potential significant changes in the SEC's approach to cryptocurrency regulation. This was one of Atkins' initial hearings since taking office in April. Further updates are expected as the situation develops.
