CarolineCrenshaw

#CryptoRoundTableRemarks CryptoRoundTableRemarks SEC Commissioner Caroline Crenshaw, at the final Crypto Task Force Roundtable, emphasized that crypto regulation must be thoughtful, not rushed. She acknowledged the complex, diverse views on registration, jurisdiction, and DeFi. Discussions focused on transparency, market structure, and protecting retail investors. Referencing her 2021 article, Crenshaw highlighted both the potential and risks of DeFi. Looking ahead, the SEC plans to pursue balanced, mission-driven rulemaking—supporting innovation while safeguarding investors. Her key message: “Better to do it right than fast.”
#CryptoRegulation #Defi #CarolineCrenshaw #InvestorProtection

In a striking statement, U.S. Securities and Exchange Commission Commissioner Caroline Crenshaw sharply criticized the recent settlement that the commission reached with Ripple, describing it as a blow to the principle of investor protection and a serious retreat from the rule of law. Crenshaw noted that the agreement reflects a troubling trend in the commission's management during President Donald Trump's administration, where priority has been given to quick settlements rather than the strict and systematic enforcement of financial laws. She added that such deals could encourage other cryptocurrency companies to overstep legal boundaries, threatening market stability and exposing investors to significant risks. Crenshaw emphasized that the commission must remain an impartial guardian of the markets, not a party to settlements that could be interpreted as political or economic concessions. These statements come at a time when pressures are mounting on the commission to reconsider its approach to dealing with cryptocurrency and financial technology issues.

SEC Commissioner Caroline Crenshaw's opposition to the statement that stablecoins are not securities adds a new hurdle for pending stablecoin legislation. According to TD Cowen, this internal SEC division could complicate the bill’s passage, though it still has a chance. Crenshaw warned that stablecoin risks are understated and users may not get 1:1 redemptions as promised. Meanwhile, Congress is pushing forward on new rules, but Democratic support is needed in the Senate for it to pass.

🧵 #stablecoin #SEC #Cryptolaw #CarolineCrenshaw #CoinPhoton