
At the North American Blockchain Summit on November 21, CFTC Commissioner Summer Mersinger called for a significant overhaul of U.S. cryptocurrency policy. She emphasized the need to move away from the current 'regulation by enforcement' approach and urged the industry to engage proactively with the incoming administration to shape future regulations. Mersinger's remarks highlight a growing sentiment among regulators for clearer guidelines in the crypto sector. Additionally, Republican SEC Commissioner Mark Uyeda has advocated for the introduction of regulatory sandboxes and safe harbors to foster innovation within the industry. Uyeda's comments mark his first public call for such measures, coinciding with the potential impact of Donald Trump's re-election on the crypto landscape, which Binance CEO Richard Teng described as a 'big positive' for cryptocurrencies. The evolving regulatory environment reflects a broader trend of pro-crypto legislators gaining influence in U.S. politics, potentially positioning the country as a leader in the global crypto market.
💥 SEC Commissioner Mark Uyeda explains how Trump plans to make the U.S. the global crypto leader! 🇺🇸 Uyeda also slammed the SEC’s policies, calling them a “disaster for the industry." #XRP Is Trump about to make crypto great again? #Crypto #Bitcoin #Blockchain #Trump2024 https://t.co/4f4zEjvz54
🔎 INSIGHT: Republican SEC Commissioner breaks down how the US can become the “crypto capital” of the world. https://t.co/nyxiDH9onx
Trump's reelection has caused a major crypto boom. But how are Trump's own crypto concerns faring? https://t.co/658bUZm12x




