Bitcoin hits fresh high as US SEC unveils task force on crypto regulations

Bitcoin hits fresh high as US SEC unveils task force on crypto regulations

FILE PHOTO: Representation of the bitcoin cryptocurrency and a price chart are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

The US Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump’s new administration to overhaul crypto policy.

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