The U.S. Securities and Exchange Commission has appointed Jamie Selway and Brian T. Daly to senior positions focused on digital assets, signaling a strategic pivot toward more crypto-friendly regulations. These appointments align with Chairman Paul Atkins’ pro-market approach to reduce regulatory ambiguity and foster innovation within the cryptocurrency sector.
The SEC’s newly formed Crypto Task Force aims to balance investor protection with technological advancement, integrating specialized expertise to develop clearer guidelines for token offerings and trading platforms. Industry analysts view these leadership changes as a move toward more informed policymaking, potentially stabilizing markets and encouraging institutional participation.
Reflecting cautious market optimism, Ethereum (ETH) demonstrates notable resilience despite recent volatility. Trading near $2,548 with a market capitalization exceeding $300 billion, ETH has recorded gains of 55.86% and 31.11% over the past 60 and 90 days respectively, even after a 3.73% price dip amid heightened trading volume.
This regulatory evolution may reshape the U.S. cryptocurrency landscape by providing clearer frameworks that support innovation while maintaining necessary safeguards for investors.