Jan 24th 2025

The SEC Crypto Task Force was established.


The SEC announced the formation of a task group specifically focused on bitcoin in conjunction with the executive order. In order to allay long-standing worries about regulatory ambiguity in the cryptocurrency sector, this group seeks to create a regulatory framework that offers precise legal advice for digital assets.

Reversing Policies from the Biden Era


Citing its limiting effects on innovation and U.S. competitiveness in the global digital finance market, the executive order revokes the Biden Administration’s Digital Assets Executive Order as well as the Treasury Department’s international framework. This action demonstrates the administration’s dedication to supporting development and innovation in the bitcoin and blockchain sectors.

This historic ruling may have a big impact on the developing ecosystem of digital assets and influence American regulations for years to come