The U.S. Securities and Exchange Commission (SEC) has launched a new Crypto Task Force under the Trump administration, aimed at establishing clear regulatory frameworks for crypto assets and financial institutions. This initiative, titled 'Crypto 2.0' and led by Hester Peirce, reflects a rebranding of the SEC's cryptocurrency unit to focus on emerging technologies. The SEC is seeking input from industry stakeholders to help shape these regulations. Despite this shift, the SEC has indicated it will continue to enforce existing crypto regulations, although its focus may evolve. Additionally, there are indications that the SEC may reconsider its enforcement actions, as suggested by former SEC official John Reed Stark regarding the lawsuit against Ripple. The changes have drawn mixed reactions, with some industry leaders praising the administration's approach to innovation in digital assets.