With Hester Peirce, affectionately known as "Crypto Mom," now heading up the SEC's newly established Crypto Task Force, the tides are turning in favor of clarity and progress. As Commissioner Peirce predicted last month in an exclusive interview with Coinage, change is finally here, and it’s going to be faster than people anticipate.

This week, on the first full day of the new administration, the SEC under acting Chairman Mark Uyeda announced the formation of an agencywide task force to study cryptocurrencies and chart a “sensible regulatory path that respects the bounds of the law.