BTIG executive: Even if the US SEC makes personnel changes, there will still be "jurisdictional disputes" in the future
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2024-12-09 10:32 9,885
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Golden Finance reported that Isaac Boltansky, director of policy research at BTIG, said that the U.S. Securities and Exchange Commission (SEC) is about to undergo personnel changes. If approved by the Senate, Paul Atkins will succeed Gary Gensler for a five-year term. But Isaac Boltansky warned that despite the SEC's personnel changes, there will still be "jurisdictional battles" in the future, noting that the agency and the U.S. Commodity Futures Trading Commission sometimes quarrel over cryptocurrency regulation because "in the kitchen There are too many chefs and they can’t agree on what they’re doing.” Additionally, the key question of whether cryptocurrencies should be classified as securities is still being played out in court, beyond the jurisdiction of U.S. federal regulators and will be set to be held by the next Congress. With a narrow Republican lead, at least clearer regulations on stablecoins are possible.