BlockBeats News, January 23rd, the U.S. Securities and Exchange Commission has announced the formation of a new cryptocurrency working group, which insiders see as a gateway to updated regulations and more cryptocurrency fund approvals. 21Shares Cryptocurrency Research Strategist Matt Mena stated: "The newly established U.S. Securities and Exchange Commission cryptocurrency working group led by Commissioner Hester Peirce may expedite the approval of a wider range of cryptocurrency ETFs, including SOL, XRP, LTC, DOT, and DOGE."