US SEC Launches Dedicated Email Address for Crypto – The Crypto Basic

The U.S. Securities and Exchange Commission (SEC) has launched a dedicated email address for direct communication with the crypto industry. 

Nate Geraci, the President of ETF Store, called the crypto community’s attention to this initiative. According to an X post yesterday, Geraci expressed surprise that the SEC now has a dedicated crypto email address. 

Geraci suggested that he never expected the commission to launch a communication channel to enhance its direct engagement with the crypto industry. The accompanying image shows that the email was created by the SEC’s newly launched crypto task force. 

SEC now has a “crypto” email address…

Never thought I’d see the day. pic.twitter.com/6ljFAvvsPU

— Nate Geraci (@NateGeraci) February 4, 2025

Crypto Task Force Begins Its Journey to Regulatory Clarity

Recall that Commissioner Mark Uyeda created this unit last month following his appointment as the SEC Acting Chair. Notably, Republican Commissioner Hester Peirce, popularly referred to as ‘Crypto Mom,’ was selected to head the crypto task force. 

Following her appointment, Peirce has already commenced operations to provide the industry with much-needed regulatory clarity. 

Yesterday, the task force published an article titled ‘The Journey Begins,’ outlining its major priorities, from defining what constitutes crypto asset securities to developing the required framework for crypto offerings. 

This move aims to address the previous administration’s regulatory confusion and usher the United States’ crypto sector into a new era of regulatory clarity. 

SEC Boosts Communication with the Crypto Sector 

In an X post yesterday, Commissioner Peirce shared a link to the task force’s about page, highlighting how the crypto industry can communicate with the unit. 

Industry stakeholders are required to either demand a meeting with the task force by completing an online request form or comment on some of the issues the unit is considering via the crypto-dedicated email address. 

Uyeda’s Achievements

As the crypto industry awaits the confirmation of a permanent head for the SEC, Uyeda is already filling the void and winning the hearts of many via some of his policies. 

For instance, his leadership gave birth to the SEC’s first-ever crypto task force, which aims to transition the commission from its enforcement-heavy crypto approach to a more friendly and fair regulatory framework backed by law. 

Also, the SEC, under Uyeda’s leadership, approved a spot crypto-related ETF application faster than the previous administration. 

This was observed in the NYSE’s recently approved application to list and trade shares of Bitwise’s dual Bitcoin and Ethereum ETF. Notably, the SEC approved the NYSE’s application in only 45 days, compared to the expected 245 days’ wait time. 

Furthermore, under the current leadership, the SEC is trimming down the size of its crypto enforcement unit. This move has resulted in over 50 securities lawyers being reassigned from the SEC crypto enforcement unit to other divisions. 

Amid these milestones, it becomes evident that the current leadership is focused on providing the crypto industry with the highly anticipated regulatory clarity, marking a shift from the past enforcement-driven approach.