The US Securities and Exchange Commission has officially released a list of members for its Crypto Task Force, which brings together advisors to major divisions.
It is as follows Memorandum Published by Commissioner Hester Peerus on 3 March on the official SEC website. According to Memo, the task force includes representatives of several divisions within the agency as well as the office of the office of the acting president Mark Uyda.
Peerce highlighted the commitment to address the team’s experience and complex crypto regulatory challenges, stating that the Crypto Task Force is made up of focused knowledgeable and dedicated employees on developing a practical regulatory solution for the task force industry.
She also emphasized that the team would cooperate with other SEC experts and join the public to shape the effective crypto rules.
SEC’s new crypto-centric team
The task force consists of the Richard Gabbert of Staff, as Michael Celling Chief Advocate, and Taylor Esher as the Chief Policy Advisor. Additional members include Sumira Vonis (head of operation), Landon Zinda (Senior Advisor), and several senior advisors such as Donald Battle, Bernard Nolan and Laura Powell.
Peerce has long been a lawyer for clear and fair rules in the Crypto region. His latest initiative follows the call from industry leaders for more regulatory clarity.
This development aligns with a comprehensive trend within the SEC to revaluate its stance on the cryptocurrency oversight. Under the previous administration, the agency intensified enforcement operations against crypto firms, imposed significant punishment. For example, in 2024 alone, the agency imposed a total fine of $ 4.68 billion on crypto businesses, accounting for 68% of its lifetime punishment in the field.
However, a remarkable change has been observed in recent months. The SEC has discontinued the investigation of several major crypto institutions, including Gemini, Coinbase, Openia, Uniswap Labs, Robinhood Crypto, consensus and recent cracks. This step suggests a more liberal regulatory approach under the current administration.
