Golden Finance reported that Isaac Boltansky, head of policy research at BTIG, said that the U.S. Securities and Exchange Commission (SEC) is about to undergo personnel changes. If approved by the Senate, Paul Atkins will succeed Gary Gensler for a term of five years. However, Isaac Boltansky warned that despite the personnel changes at the SEC, there will still be a ‘jurisdictional dispute’ in the future, pointing out that the agency and the Commodity Futures Trading Commission sometimes have disputes over cryptocurrency regulation because ‘there are too many chefs in the kitchen, and they cannot agree on what they are doing.’ In addition, the key issue of whether cryptocurrencies should be classified as securities is still being tried in court, which is beyond the jurisdiction of U.S. federal regulators. The next Congress will be led by a slight Republican advantage, and at least there may be more specific regulations on Stable Coin.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
