Just a day after his designation as SEC Acting Chair, Mark Uyeda has already made a significant move in favor of the cryptocurrency industry, establishing a crypto Task Force to be led by none other than the community's beloved "Crypto Mom,

The SEC announced an initiative Tuesday to create a regulatory framework for digital assets with a new internal task force led by Republican commissioner Hester Peirce.

The group led by Commissioner Hester Peirce will take input from within and outside the agency to create a clear regulatory framework for crypto assets.