SEC Launches Task Force to Combat Crypto Fraud, Promoting Transparency and Investor Protection

The U.S. Securities and Exchange Commission (SEC) has taken a proactive step in combating fraud within the cryptocurrency market by forming the Cross-Border/Crypto Task Force in early 2025. Led by Commissioner Hester Peirce and Acting Chairman Mark T. Uyeda, this initiative addresses regulatory challenges and aims to enhance investor protection and promote clearer frameworks for digital asset transparency.