Elon Musk’s D.O.G.E. Is probing into inefficiencies at the SEC, amidst a backdrop of recent pro-crypto policy changes. While the crypto community has largely aligned with the SEC, this investigation could hinder progress in regulatory relationships.
Coinbase’s CLO advocates for stringent penalties against the SEC, indicating rifts in the industry’s stance. Additionally, Hester Peirce underlines the importance of having qualified professionals at the SEC to foster effective regulatory frameworks for cryptocurrency.