From Cointelegraph

May 19, 2025 11:08 PM:

The US SEC’s Democratic Commissioner warns of regulatory instability in the crypto industry under the Trump administration. Crenshaw criticizes the agency’s approach, citing a loss of staff and enforcement actions. She highlights the risks of a “large-scale crypto crisis” and emphasizes the need for serious regulatory scrutiny. The SEC’s Republican commissioners, on the other hand, welcome the agency’s embrace of the crypto sector, with Chair Paul Atkins stating that crypto markets have been “languishing in SEC limbo” for years. Peirce, who heads the SEC’s Crypto Task Force, argues that most crypto assets are not securities and calls for a correction in the agency’s approach under the Biden administration. Uyeda emphasizes the need for the SEC to provide assurances that regulation by enforcement will not be used for future policymaking.

Read more at CoinTelegraph: SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto