The US SEC plans to establish a new President's Crypto Assets Working Group 2.0 to further promote digital asset regulation.

On March 24, according to an announcement from the U.S. Securities and Exchange Commission (SEC), a new presidential cryptocurrency task force has been established to support the advancement of the "SEC Crypto 2.0" initiative. The document states, "The SEC should clarify that digital asset securities trading (including on-chain and off-chain) must comply with the same trading reporting requirements as traditional securities. Protecting retail investors, providing legal certainty for financial transactions, and promoting financial innovation while ensuring market integrity." The SEC recommends: strengthening off-chain trading regulation, establishing investor protection and market structure standards for digital asset securities activities facilitated by trading platforms through off-chain transactions; improving the trading reporting mechanism, and the SEC should revise the Securities Exchange Act rules to require timely reporting of all transactions considered digital asset securities for fulfilling market supervision responsibilities; establishing a cross-agency digital asset trading repository (DART), the SEC should collaborate with the Commodity Futures Trading Commission (CFTC) to jointly authorize and regulate a digital asset trading repository (Digital Asset Repository of Transactions, DART).