ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas shared an interview video of SEC Commissioner Hester Peirce on the X platform, in which Hester Peirce stated, "Most SEC commissioners in the past did not want things to go smoothly, but now there has been a shift to wanting things to go smoothly, which makes things much easier."Eric Balchunas noted that Hester Peirce appeared very happy, smiling, suggesting that the Ethereum ETF staking might be approved, as she mentioned that these products are "more useful" for investors.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett's post on the X platform, after the Senate Banking Committee abandoned efforts to push for the renomination of anti-crypto SEC Commissioner Caroline Crenshaw, Crenshaw remains on the committee and can serve until her successor is confirmed or until Congress adjourns next year. According to congressional procedures, the minority party (in this case, the Democrats) typically recommends candidates to fill minority party seats on the committee. The president can choose to heed their recommendations, but he is not obligated to do so. Therefore, the Democrats may propose Crenshaw's renomination again at the request of Elizabeth Warren, but whether she will be renominated will be up to Donald Trump himself.

ChainCatcher news, according to Punchbowl, the Senate Banking Committee has abandoned efforts to advance the nomination of Caroline Crenshaw to serve as an SEC commissioner. A Banking Committee aide stated that the committee vote scheduled for tomorrow will be canceled due to a lack of sufficient floor time in the Senate.Crenshaw has publicly opposed the approval of a Bitcoin spot ETF multiple times. In her statement of opposition in January 2024, she pointed out that there are risks of fraud and manipulation in the Bitcoin spot market, and inadequate investor protection is her main reason for opposition. She believes these products do not meet the regulatory standards of traditional ETFs and could potentially harm investors.While SEC Chairman Gary Gensler is known for his strict cryptocurrency regulation, Crenshaw's stance is considered to be even more hardline than Gensler's. She not only supports Gensler's policies but also shows greater opposition on certain issues.

ChainCatcher news, according to The Block, due to opposition from the digital asset industry to the anti-cryptocurrency stance of SEC Commissioner Caroline Crenshaw, the vote on the re-nomination of her tenure by U.S. senators is currently pending. A person familiar with the Crenshaw nomination process stated that the voting outcome "remains to be determined."The vote was originally scheduled for Wednesday as part of a U.S. Senate Banking Committee hearing. According to a statement released later on Wednesday, the committee's chairman, Ohio Democratic Senator Sherrod Brown, stated that Republicans blocked the committee from holding a vote to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Council. Brown noted that the committee, which convened more than two hours after the Senate session, requires unanimous consent from all senators, which is usually achievable. However, Republicans opposed convening the meeting for a vote.Brown stated in the announcement, "This is why people hate Washington; corporate special interest groups have launched a despicable smear campaign against Caroline Crenshaw, who is an Army Reserve veteran and public servant, nominated and confirmed by a Republican president and Republican Senate. She has undergone thorough scrutiny and has gone through every step of the nomination process. Republican senators are carrying out the orders of corporate special interest groups and obstructing her confirmation."

ChainCatcher news, Ripple's Chief Legal Officer Stuart Alderoty stated that he agrees that SEC Commissioner Caroline Crenshaw is more challenging in the crypto space than SEC Chairman Gensler. This is because even after a court ruling deemed the blocking of a Bitcoin spot ETF as "arbitrary and capricious," Gensler backed down, while Caroline Crenshaw insisted on dissenting, believing the court's ruling was incorrect.Previously, it was reported that crypto skeptic Caroline Crenshaw is seeking reappointment as an SEC commissioner, and there are concerns within the industry about her chances of reappointment.

ChainCatcher News, U.S. SEC Commissioner Hester Peirce (also known as "Crypto Mom") mentioned "Operation Chokepoint 2.0" during an interview with Fox Business and outlined three things she believes need to be done under the new SEC leadership after Trump to help clarify the cryptocurrency industry:Stop government regulatory chokepoint activities, with the first step being to halt attempts to prevent cryptocurrencies from obtaining the services they need (such as custody) to move forward;Clarify what falls outside the SEC's jurisdiction, what is not a security, and which entities do not need to consider the SEC's regulatory framework;Collaborate with entities involved in cryptocurrency to figure out how existing rules apply and where adjustments are needed. This requires a collective exercise. It needs to be done in public so that everyone can participate. I believe we can find a good starting point relatively quickly.

ChainCatcher news, according to Cointelegraph, the U.S. Senate Banking Committee will vote on December 11 to decide whether to re-nominate SEC Commissioner Caroline Crenshaw, a cryptocurrency skeptic. Several executives in the crypto industry have expressed disappointment over her potential reappointment. Crenshaw was one of the two SEC commissioners who voted against approving the spot Bitcoin ETF in January.Coinbase President and COO Emilie Choi stated, "Caroline Crenshaw is against cryptocurrency. She even embarrassingly opposed the Bitcoin ETF. The SEC needs to change."Alexander Grieve, Vice President of Government Affairs at crypto investment firm Paradigm, said that Crenshaw's departure would be "the last 'gift' to the cryptocurrency industry," as Senate Banking Committee Chairman Sherrod Brown is trying to force through the re-nomination of anti-crypto SEC Commissioner Caroline Crenshaw.Bloomberg ETF analyst James Seyffart noted that Crenshaw is not only an "ally" of SEC Chairman and cryptocurrency skeptic Gary Gensler but is also "more strongly opposed to cryptocurrency" than Gensler himself."Just read her opposition letter to the Bitcoin ETF approval from January," Seyffart added, noting that another opposing SEC commissioner, Jaime Lizárraga, "didn't even join the position she expressed in her letter." After the SEC approved the issuance of a Bitcoin spot ETF in the U.S. on January 10, Crenshaw, who was sworn in as an SEC commissioner in August 2020, stated that the SEC's approval of the ETF was "unreasonable and inconsistent with historical norms."Austin Campbell, CEO of digital payment company WSPN, stated that he wants to "remind all Democrats that Caroline Crenshaw voted to say that the SEC should defy a federal judge's order, break the law, and reject BTC ETFs after being ordered by the court to approve them."

ChainCatcher news, FOX Business reporter Eleanor Terrett stated on the X platform that the Senate Banking Committee will hold a meeting next Wednesday to vote on the renomination of Democratic SEC Commissioner Caroline Crenshaw. If the Senate approves her nomination, she will continue to serve on the committee until 2029; if she is not approved, Trump will be able to nominate someone else.During her tenure, Caroline Crenshaw has been a supporter of committee chairman Gary Gensler, advocating for stricter climate reporting requirements and voting against the approval of a Bitcoin spot ETF.

ChainCatcher news, SEC Commissioner Hester Peirce posted on the X platform: "At the SEC, we have a lot of work to do to advance free markets, capital formation, investor choice, and innovation. I am pleased that Paul Atkins will be returning 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 role."

ChainCatcher news, FOX reporter Eleanor Terrett cited sources reporting that among the senior members of Trump's transition team, former SEC commissioner Paul Atkins remains the most likely candidate to lead the SEC. Paul Atkins is not only well-versed in cryptocurrency but also has an in-depth understanding of the agency's internal workings as a former commissioner and a staff member for former SEC chairs Richard C. Breeden and Arthur Levitt.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that, according to two sources close to the discussions at Mar-a-Lago, former SEC commissioner Paul Atkins remains the most likely candidate to lead the SEC among senior members of Trump's transition team.

ChainCatcher news, according to Cointelegraph, as Trump prepares to take office as President of the United States in January 2025, the crypto community is speculating on the most likely candidates to lead the U.S. Securities and Exchange Commission (SEC). Crypto lawyer Jake Chervinsky stated in a post on X that SEC Commissioner Mark Uyeda is seen as a strong candidate for the position.Uyeda was appointed as an SEC Commissioner on June 30, 2022, and has consistently opposed enforcement-driven cryptocurrency regulation, earning the support of industry advocates seeking a more collaborative approach. Trump promised to fire Gensler on his first day in office, and since then, the crypto community has speculated that SEC Commissioner Hester Peirce could be a potential contender for the chair.However, Chervinsky stated that the likelihood of Peirce taking the lead is "very low," adding that he doubts she would be willing to take on a leadership role at the SEC. Chervinsky also mentioned that Trump might want to choose someone other than Uyeda to lead the SEC during his term. Furthermore, the lawyer emphasized that Trump's primary crypto policy focus must be to end Biden's "attempts to destroy the industry through enforcement regulation."

ChainCatcher News, SEC Commissioner Mark T. Uyeda urged the United States to take a more proactive approach to cryptocurrency regulation, pointing out the leading position of Indo-Pacific countries such as Japan, Singapore, and Hong Kong in this field. He emphasized that these countries have established clear frameworks that support innovation while protecting investors, in contrast to the United States, where the lack of clear guidelines creates uncertainty for market participants.Mark T. Uyeda praised the regulatory progress in the Indo-Pacific region, stating, "I believe we can learn a lot from the practices of market regulators in the Indo-Pacific region, especially in how to advance these values and goals." He noted that Indo-Pacific countries have developed forward-looking regulations that balance the need for innovation with investor protection.It is reported that the Indo-Pacific region encompasses the Indo-Pacific waters, typically including countries and political entities near these waters, and is broader in scope than the Asia-Pacific region.

ChainCatcher news, U.S. Securities and Exchange Commission Commissioner Mark Uyeda stated that the commission's approach to regulating cryptocurrency is a "disaster," and that the agency has "not taken any steps" to clarify the rules.

ChainCatcher news, according to Watcher.Guru, U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda acknowledged that their approach to cryptocurrency is "a disaster for the entire industry."

ChainCatcher news, according to FOX Business reporter Eleanor Terrett, SEC Commissioner Hester Peirce directly rebutted SEC Chairman Gary Gensler during a hearing held by the House Financial Services Committee, stating that the SEC has taken a legally inaccurate stance regarding cryptocurrencies to cover up issues of regulatory ambiguity:"I think we as regulators have failed in precision, so to say in a footnote, 'Yes, we acknowledge that this token itself is not actually a security,' is something we should have admitted long ago, and then start addressing those difficult questions."

ChainCatcher news, according to The Block, SEC Commissioner Mark T Uyeda stated at the Korea Blockchain Week 2024 event that the SEC needs to create a dedicated S-1 registration for digital asset securities.Uyeda pointed out that the SEC has the flexibility to tailor registration requirements for specific financial products, and this approach should extend to the realm of cryptocurrencies and digital asset securities. He emphasized that the SEC should not create a "catch-22" situation by requiring digital asset securities issuers to provide irrelevant or unattainable disclosure information. Uyeda also stated that the SEC should clarify which digital assets fall under the category of securities and consider the practices of other jurisdictions globally in future rule-making. Nevertheless, digital assets are currently not included in SEC Chairman Gary Gensler's regulatory agenda.

ChainCatcher news, according to CoinDesk, SkyBridge Capital founder and CEO, former White House Communications Director under the Trump administration, Anthony Scaramucci, stated in an interview that if Trump is elected, the new government will create a supportive environment for the cryptocurrency industry. "They will appoint an SEC commissioner who supports the U.S. Securities and Exchange Commission, supports cryptocurrency, and supports digital assets," he said. "The whole discussion about what constitutes a security, what constitutes a token, and all these things will be set aside."Scaramucci indicated that the Democrats' failure to introduce cryptocurrency legislation has harmed their prospects in the upcoming presidential election. Although he supports Trump's stance on cryptocurrency and reaching consensus on clear crypto legislation, he will not be voting for the former president in November.

ChainCatcher news, SEC Commissioner Hester Peirce stated in an interview that she may reconsider the creation/repurchase of similar Stake and Ethereum/Bitcoin ETFs. She said, "I think things like staking, or any features of a product... for me, these are always worth reconsidering."

ChainCatcher news, Alexander Grieve, head of government relations at the venture capital firm Paradigm, stated that SEC Commissioner Mark Uyeda issued a statement regarding the registration rules for index-linked annuities and registered market capitalization-adjusted annuities. In a footnote, he called for an update to the S-1 form to better accommodate the uniqueness of cryptocurrencies. This is Uyeda's first public call for a tailored information disclosure system for crypto assets.