On January 29, 2025, Blockworks quoted Adrienne Gurley on the impact the Securities and Exchange Commission (SEC) under the Trump administration will have on the realm of cryptocurrency. Blockworks reported that many in the industry have lingering questions amid what the publication is referring to as a “crypto ETF frenzy.”
Following Gary Gensler’s departure, Mark Uyeda is serving as acting SEC chair as the senate has not yet confirmed Trump’s nominee, Paul Atkins, to lead the agency. According to Blockworks, Gurley labeled Atkins as “pro-innovation” and “not in favor of onerous requirements that are cost-prohibitive for companies.”
She shared that she anticipates “a case-by-case evaluation” of the proposed crypto products. “Further, the SEC will have to coordinate with the CFTC on certain guidelines,” Gurley said. “So I don’t expect an overnight response to this, [but] rather a slow rollout of approvals.”
Click here to access the article.