SEC’s Bold Move Sparks Optimism in the Cryptocurrency Market – BitRss

The U.S. Securities and Exchange Commission (SEC) has taken a significant step forward for the cryptocurrency market by forming a special task force aimed at creating a regulatory framework for cryptocurrencies. This initiative will be led by Hester Peirce, known as “Crypto Mom.” According to QCP Capital, this action from the SEC could signify a long-awaited milestone in the world of cryptocurrencies.

SEC’s Initiative Boosts Market Sentiment

The SEC’s recent leadership changes and the push for cryptocurrency regulations have fostered a positive atmosphere in the market. Bitcoin $105,389 rebounded, gaining 3.8% and settling above the $105,000 mark, following the initial disappointment experienced during the early days of …