SEC Commissioner Hester Peirce, head of the agency's Crypto Task Force, resigns Oct. 2, leaving Paul Atkins and Mark Uyeda as its only two commissioners. Neither her seat nor Caroline Crenshaw's has a nominee, so crypto policy now rests on two Republican votes.
Perspective Coverage
6 publishers
- Builder
- Builder 23%
- Operator
- Operator 45%
- Investor
- Investor 32%
Reality
- Evidence76
- Adoption
- Insufficient
- Hype gap+10
- Incentives60
- Confidence74
Hester Peirce exits the SEC on October 2, cutting it to two Republican commissioners with seven seats empty across the SEC and CFTC. Crypto Briefing warns that one recusal could then leave the commission short of a quorum on crypto and market rules.
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap+20
- Incentives
- Insufficient
- Confidence65
The joint letter to SEC Commissioner Hester Peirce defines a qualifying decentralized exchange by four tests, three of them checkable against deployed code and the fourth a judgement about who holds discretionary privileges.
Reality
- Evidence33
- Adoption
- Insufficient
- Hype gap+22
- Incentives82
- Confidence41
The order carves out a new category called a tokenized securities venue, caps how many symbols and how much volume it can trade, and requires public smart contracts while the Commission drafts permanent rules.
Perspective Coverage
3 publishers
- Builder
- Builder 23%
- Operator
- Operator 32%
- Investor
- Investor 45%
Reality
- Evidence88
- Adoption10
- Hype gap+15
- Incentives68
- Confidence80
An enforcement retreat, a rescinded custody bulletin and a fresh rulemaking improve the arithmetic for US digital-asset firms. None of it needed Congress, and none of it binds a successor.
Reality
- Evidence34
- Adoption30
- Hype gap+18
- Incentives72
- Confidence33
The SEC killed its Regulation Crypto Assets meeting three days after calling it. Sources point to the White House, and to SIFMA weighing a challenge to the agency's authority.
Reality
- Evidence40
- Adoption
- Insufficient
- Hype gap+32
- Incentives74
- Confidence44