Golden Finance reported that TD Cowen analysts said that Democrats may not hold top positions at the U.S. Securities and Exchange Commission (SEC) next year, making way for Republicans to formulate cryptocurrency-related rules. The investment bank noted that an all-Republican committee would help Atkins move forward with the rules faster because there are no Democrats to stall the process. Analysts say, however, that bipartisanship also carries risks that could affect future cryptocurrency regulation. "If the rules are seen as partisan, a Democratic SEC would be more likely to change them, versus bipartisan rulemaking that could create a regulatory regime that stands the test of elections," the analysts said. "We believe this Will provide policy stability that will benefit crypto trading platforms, token issuers and the broader crypto industry.”