Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
On Jan. 22, Lisa Kruse, commissioner of the North Dakota Department of Financial Institution Group, told members of the House Committee on Industry, Commerce and Labor that the state's residents filed 103 complaints of cryptocurrency scams with the FBI, resulting in a total of $6.50 million in losses in 2023. The FBI reported in September that Americans lost $5.60 billion to cryptocurrency fraud in 2023 and recorded 5,500 cases involving cryptocurrency ATMs with losses exceeding $189 million.
On January 17, the Central Political and Legal Committee Chang An Jian issued a document on the WeChat official account, saying that the 2025 Central Political and Legal Work Conference pointed out that the Ministry of Justice should take the initiative to study and propose legislative proposals, and study new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual currency, and data ownership. It is reported that Chang'an Jian of the Central Political and Legal C...
Hester Peirce, the commissioner of the Securities Exchange Commission (SEC), expressed serious concerns about the "de-banking" of crypto companies at a meeting on Wednesday. As one of the five SEC commissioners, Peirce, who is affectionately known in the industry as the "crypto mom", has been relatively open to the crypto industry.
A vote by U.S. senators to renominate SEC Commissioner Caroline Crenshaw for re-election is currently pending due to the digital asset industry's opposition to her anti-cryptocurrency stance. A person familiar with Crenshaw's nomination process said the outcome of the vote was "to be determined". The vote was originally scheduled for Wednesday as part of a hearing before the U.S. Senate Banking Committee. According to a statement released late Wednesday, the committee chair, Sen. Sher, D-Ohio...
According to Forbes reporter Eleanor Terrett, U.S. SEC Commissioner Hester Peirce mentioned "Operation Chokepoint 2.0" in an interview and outlined three things she believes need to be done under the new SEC under Trump to help bring greater clarity to the cryptocurrency industry: To stop the government-regulated Chokepoint campaign, the first step is to stop this attempt to prevent cryptocurrencies from getting the services they need.
Bank of England Monetary Policy Commissioner Dingra: Policy should be further relaxed.
According to FOX Business reporter Eleanor Terrett, CFTC Commissioner Caroline D. Pham is one of the candidates for the new CFTC chair, and under the new leadership, a suspension of Biden-era enforcement actions is on the agenda.
Hester Peirce, crypto mama and commissioner of the Securities Exchange Commission (SEC), wrote on the X platform: "At the SEC, we still have a lot of work to do to advance free markets, capital formation, investor choice and innovation. I am excited that Paul Atkins will be back to lead this effort, I worked with him during his last tenure at the agency, and I can't think of anyone better suited for this job."
The European Parliament on Wednesday approved a list of commissioners, including those responsible for overseeing the regulation of digital assets, with commissioners Stéphane Séjourné, Maria Luís Albuquerque, and Henna Virkkunen likely to include cryptocurrencies in their remit. In September, the President of the European Parliament, Ursula Von der Leyen, proposed a list of commissioners. Although cryptocurrencies are not a central theme in these positions, the committee will be responsible...
Market news: The Trump team is eyeing former SEC Commissioner Atkins to replace Gensler. Atkins is a proponent of cryptocurrency and fintech companies.
In an interview, Mark Uyeda, commissioner of the US Securities Supervision Commission (SEC), advocated for the establishment of "regulatory sandboxes" and "safe harbors" to promote innovation in the crypto industry. He stressed that the so-called "war on cryptocurrencies" should be ended to provide clearer regulatory guidance to the market. Uyeda, one of the Trump administration's potential nominees for SEC chairperson, advocates for a comprehensive industry framework through collaboration betwe...
SEC Commissioner Jaime Lizarraga, a former congressional aide who oversaw Wall Street while helping push corporate reporting requirements on climate risk and data breaches, plans to step down on January 17, according to Bloomberg. Lizarraga's announcement came a day after SEC Chairperson Gary Gensler said he planned to step down on January 20. Bloomberg reports that after President-elect Donald Trump returned to the White House, Caroline Crensh...
U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger delivered a speech at the North American Blockchain Summit, calling for the development of cryptocurrency standards policies through a formal notification and deliberation process. Mersinger said there are problems with regulators' current "enforcement-style regulation" approach to the cryptocurrency industry, specifically mentioning the case of Uniswap Labs. She emphasized that the CFTC is "a cryptocurrency cash mark...
According to people familiar with the matter, Paul Atkins, a former commissioner of the Securities Exchange Commission (SEC), is currently seen as a popular candidate to succeed Gary Gensler as SEC chairperson. The previous popular candidate, Robinhood General Counsel Dan Gallagher, has largely withdrawn from the competition. Atkins is widely supported by the business and cryptocurrency industries due to his free market-oriented regulatory style and pro-cryptocurrency stance. At the same time, G...