Regulation· ★★★★· neutral·

SEC down to two commissioners as new quorum rule shifts crypto oversight

  • —Peirce's Sept. 21 resignation letter made her departure effective Oct. 2
  • —The Sept. 30 quorum amendment allows one commissioner to act when others are disqualified
  • —The Oct. 1 crypto custody proposal is open for comment until Dec. 7
  • —Regulation Crypto Assets and the Sept. 17 tokenized-stock exemption remain pending
Why it matters: Crypto policy decisions on custody, tokenized stocks and offerings now rest with two commissioners, potentially speeding up or stalling reforms.
Source: CryptoSlate
More on this
Regulation · Sep 30
SEC and CFTC crypto oversight to fall to three commissioners after key resignation
 Regulation · yesterday
Hungary's central bank imposes two new crypto rules from October
 Regulation · Oct 3
New SEC crypto custody rule may push small advisers out, favor large firms