ChainCatcher news, former SEC Chairman Jay Clayton stated on Wednesday that the U.S. Congress may pass legislation regulating cryptocurrencies after Trump takes office. Clayton also expressed his support for easing regulatory burdens to encourage companies to go public, indicating that there will be a broad shift in public policy, which the industry is currently anticipating, having spent significant amounts to influence this month's presidential election. (Jin Shi)

ChainCatcher news, former SEC Chairman John Reed Stark posted on the X platform stating, "The harsh reality is that people have spoken, the SEC should stop all crypto enforcement actions, dismiss or settle all ongoing crypto lawsuits, and current Chairman Gensler should resign. President Trump's victory is a tremendous overwhelming win and should be respected. The crypto market will usher in unprecedented prosperity."

ChainCatcher news, former SEC Chairman Jay Clayton stated that the trading of a spot Ethereum ETF is "inevitable," but there are still questions. Clayton pointed out that the approval of the Ethereum ETF is a two-step process; it has received listing approval, but the approval of the product itself is still pending. He believes that, although there are still some issues to be resolved, such approvals are bound to happen. In comparing the differences in the approval of Ethereum ETFs and Bitcoin ETFs, Clayton mentioned that the underlying cryptocurrencies have different answers regarding whether they are considered securities or commodities. He noted that, although the underlying trading of Ethereum has not yet been explicitly classified, the market for spot trading of both Bitcoin and Ethereum has significantly developed. While the specific details of the Ethereum ETF have yet to be determined, these funds are expected to begin trading in July or August.

ChainCatcher news, according to CNBC, former SEC Chairman Jay Clayton stated in an interview that the approval of a Bitcoin spot ETF is inevitable. When asked about what might happen this week, Jay Clayton said, "There is nothing left to decide. This is a significant step not just for Bitcoin, but for the entire financial industry."

ChainCatcher news, former SEC Chairman Jay Clayton stated in an interview with CNBC that the approval of a Bitcoin spot ETF is inevitable.

ChainCatcher news, former U.S. SEC Chairman Jay Clayton spoke about cryptocurrency regulation. He stated that cryptocurrency and blockchain are merely technologies, and incorporating them into the financial system is indisputable.Furthermore, he positively commented on asset tokenization and stablecoins: "Tokenizing securities will make them more efficient than what we do today." "Truly stable stablecoins have impressed me... At the retail level, it's an amazing technology that can transfer dollars around the world." (source link)