INSUBCONTINENT EXCLUSIVE:
took a heavy-handed approach through the courts
assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other
Previous roundtable discussions focused on crypto trading regulation, custody, tokenization, and the status of tokens as securities
took office and Gensler departed the SEC in January, the agency has seemingly taken a different approach to digital assets, both through its
regulatory authority and in the courts
In February, the SEC agreed to drop an enforcement action against Coinbase after less than two years in court
Roughly a month later, Ripple CEO Brad Garlinghouse announced that the SEC would drop its appeal following a court decision against the firm
stemming from a 2020 enforcement action
The leadership panels at both significant US financial regulators, the SEC and the Commodity Futures Trading Commission (CFTC), will likely
be short-staffed in the near future following resignations and terms expiring for commissioners
