Regulation· ★★★★· neutral·

SEC and CFTC push crypto rules with just three commissioners, sparking concentration-of-power concerns

  • —SEC has 2 of 5 commissioners; CFTC has 1 of 5
  • —SEC eased quorum rules, allowing a single commissioner to decide from Oct. 2
  • —SEC proposed token safe harbor; CFTC drafting exchange rules
  • —CLARITY Act may stall until January 2027
Why it matters: Rules for a $3 trillion market could hinge on one or two officials, raising the risk of abrupt, unpredictable decisions for exchanges and token issuers.
Source: Bloomingbit
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