{"id":11535,"date":"2025-02-05T16:31:52","date_gmt":"2025-02-05T16:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11535"},"modified":"2025-02-05T16:31:52","modified_gmt":"2025-02-05T16:31:52","slug":"sec-rolls-back-crypto-enforcement-end-of-sec-crypto-task-force-golden-era-for-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11535","title":{"rendered":"SEC Rolls Back Crypto Enforcement: End Of SEC Crypto Task force, Golden Era For Crypto?"},"content":{"rendered":"<div>\n<p>We were promised a crypto task force and a <em>Golden Era<\/em> for digital assets. Instead, we got:<\/p>\n<ul>\n<li>No inauguration pump<\/li>\n<li>No <a href=\"https:\/\/99bitcoins.com\/news\/crypto-czar-backs-btc-reserve-and-sec-taskforce-drawdown-why-is-crypto-going-down\/\">Bitcoin strategic reserve<\/a><\/li>\n<li>Trump coin total <a href=\"https:\/\/99bitcoins.com\/news\/trumps-meme-coin-generated-100-million-in-trading-fees-best-crypto-to-buy\/\">pump and dump<\/a> scam<\/li>\n<li>No Chinese New Year pump<\/li>\n<li>David Sacks\u2019 \u2013 the Crypto Czar \u2013 press conference was a total <a href=\"https:\/\/99bitcoins.com\/news\/what-to-expect-from-trump-crypto-coin-czar-event-today-is-us-bitcoin-reserve-here\/\">nothing burger<\/a><\/li>\n<li>Oh, and China has imposed tariffs<\/li>\n<\/ul>\n<p>I want a refund. Bring Gary Gensler back to the SEC! Okay, I may have gone too far in a few places.<\/p>\n<p>But will we see a golden era for crypto with this task force?<\/p>\n<h2>Is The New Crypto Task Force All Hype?<\/h2>\n<p>People thought David Sacks of PayPal Mafia and <em>All-In Podcast<\/em> fame and his bros would lay out some sort of imminent and amazing plan for crypto.<\/p>\n<p>Yet, in his first press conference as Crypto Czar, all he essentially said was, \u201cWe\u2019re working on it. Give us 6 months, something, something, internet of value, internet 3.0.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">David Sacks: we will make America the crypto capital of the world and provide clarity and stability to crypto founders<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a>: alright time for me to fucking die <a href=\"https:\/\/t.co\/aue8IpUt1l\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/aue8IpUt1l<\/a><\/p>\n<p>\u2014 \u30d5 \u30a9 \u30ea \u30b9 (@follis_) <a href=\"https:\/\/twitter.com\/follis_\/status\/1886864811893637620?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The market is fickle, but crypto is finding it hard to perform in Trump 2.0\u2019s manic yet effective administration.<\/p>\n<p>With new SEC chair Hester Peirce at the helm, the SEC task force is poised to move crypto regulation from murky to manageable. Its mission is to craft usable rules for digital assets under SEC jurisdiction, establish workable registration pathways, and simplify compliance for the industry.<\/p>\n<blockquote>\n<p>\u201cThe SEC has tools that it hasn\u2019t utilized effectively in the past. This task force represents a process to start real conversations about regulation,\u201d said Kristin Smith, CEO of the Blockchain Association.<\/p>\n<\/blockquote>\n<p>Key efforts include deciding how staking programs fit under securities law, clarifying the blurry boundary between securities and commodities, and reworking outdated registration processes to match startups\u2019 needs.<\/p>\n<h2>Industry Proposals and Early Steps<\/h2>\n<figure style=\"width: 728px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gi-Ce35XMAAXVB_?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"728\" height=\"866\"><figcaption class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/www.sec.gov\/about\/crypto-task-force\" target=\"_blank\" rel=\"noopener nofollow\">Crypto Task Force<\/a>)<\/figcaption><\/figure>\n<p>The SEC isn\u2019t just paying lip service or actively attacking crypto\u2014it\u2019s asking for input. Andreessen Horowitz\u2019s <a href=\"https:\/\/99bitcoins.com\/news\/a16z-crypto-team-optimistic-about-crypto-under-new-trump-administration\/\">a16z Crypto<\/a> has already pitched ideas, suggesting ways to integrate broker-dealers into crypto, refine compliance rules, and clarify custody and trading guidelines for digital assets.<\/p>\n<p>The task force plans to use tools like comment periods and no-action letters to demystify securities law.<\/p>\n<p>Hester Peirce likened previous efforts to a nightmare road trip, bogged down by \u201cenforcement brakes\u201d and aimless wandering. She promises a more defined course this time.<\/p>\n<h2><strong>SEC Crypto Task Force 2025 is Shifting the Narrative\u00a0<\/strong><\/h2>\n<p>The \u201cSEC Crypto Task Force 2025\u201d isn\u2019t just a bureaucratic checkpoint\u2014it\u2019s an olive branch to an industry craving direction.<\/p>\n<p>Built on open forums, roundtables, and internal debates, the initiative aims to balance enforcement with fostering growth.<\/p>\n<p>\u201cWe\u2019ll need coordinated efforts across regulators to untangle the mess,\u201d said Hester Peirce. \u201cThis isn\u2019t about shortcuts\u2014it\u2019s about getting to stability the right way.\u201d<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/eth-gas-limit-increase-ethereum-bull-run\/\" target=\"_blank\" rel=\"noopener\">The Ethereum Gas Limit is Increasing: A Leap Towards an Ethereum Bull Run<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/sec-rolls-back-crypto-enforcement-end-of-sec-crypto-task-force-golden-era-for-crypto\/\">SEC Rolls Back Crypto Enforcement: End Of SEC Crypto Task force, Golden Era For Crypto?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We were promised a crypto task force and a Golden Era for digital assets. Instead, we got: No inauguration pump No Bitcoin strategic reserve Trump coin total pump and dump scam No Chinese New Year pump David Sacks\u2019 \u2013 the Crypto Czar \u2013 press conference was a total nothing burger Oh, and China has imposed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11535","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11535"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11535\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}