Key Highlights: Hester Peirce is leaving the U.S. Securities and Exchange Commission after more than eight years as a commissioner. Peirce advocated for clearer cryptocurrency rules, including a token safe harbor and regulatory guardrails for the digital asset industry. Her departure has drawn praise from the Blockchain Association for her efforts to support innovation while ...
Key Highlights The crypto industry failed to secure Senate passage of the Clarity Act, but the legislation advanced farther than any previous crypto bill. Industry advocates say bipartisan agreements reached during the Clarity negotiations could support a future legislative effort. Crypto lobbying is continuing as the SEC and CFTC develop new policy and regulatory proposals. ...
Key Highlights Summer Mersinger is stepping down as CEO of the Blockchain Association effective October 16, just one week after the U.S. Senate failed to advance the Digital Asset Market Clarity Act. Kristin Smith, the association’s founding CEO who led the organization from 2018 until 15 months ago, will return to helm the advocacy group ...