Coinbase presses to axe rule banning SEC staff from holding crypto
From Cointelegraph
April 28, 2025 2:15 am:
Coinbase pushes US Office of Government Ethics to allow SEC staff to hold crypto for better regulation understanding. OGE rule prohibits SEC staff from dealing with crypto, hindering the development of regulatory frameworks. US President Trump directed agencies to recommend crypto regulations within 90 days, yet SEC staff can’t use the technology they’re regulating. Former SEC Chair Gensler, known for tough crypto stance, resigned in January. SEC drops lawsuits against crypto firms, signaling potential shift in regulatory approach.Source: Paul Grewal.
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