SEC forms Crypto 2.0 task force to enhance trade oversight

The SEC has announced the formation of the Crypto 2.0 Task Force. This initiative focuses on enhancing oversight of on-chain and off-chain digital asset transactions, ensuring compliance with the same standards as traditional securities.

The task force will utilize the DART system to improve transaction reporting and monitoring, addressing concerns over off-chain transactions, and aiming for greater investor protection through collaboration with industry stakeholders.

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