Crypto Regulation: Key Congress Hearings, SEC Registration Strain In Spotlight
U.S. crypto regulation enters a pivotal phase as the Senate Banking Committee advances Michelle Bowman’s nomination to the Federal Reserve. Bowman, poised to replace Michael Barr as Vice Chair for Supervision, brings banking sector experience that could shape future oversight.
The nomination’s progression signals potential shifts in regulatory approach, though concrete crypto policy implications remain unclear. market participants await confirmation for clues on how Bowman might address SEC registration challenges facing digital asset firms.