The SEC rolled out a new crypto task force on Tuesday, aimed at helping "draw clear regulatory lines" in the space, the agency said.

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.

Key Takeaways The U.S. SEC is setting up a crypto task force aimed at developing clearer regulations and guidelines for the crypto industry.The crypto task force will be led by SEC Commissioner Hester Peirce,