In addition, the SEC – under acting Chairperson Mark Uyeda – has announced the creation of a new crypto task force charged with the creation of comprehensive and clear regulatory framework for cryptoassets.

Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.

The executive order directs the government to propose a regulatory framework and explore the creation of a digital asset stockpile.