According to Deep Tide TechFlow news on December 26, as reported by Blockworks, with current chairman Gary Gensler set to depart, the U.S. Securities and Exchange Commission (SEC) will only retain Republican commissioners Hester Peirce and Mark Uyeda in office, pending Senate approval of new commissioner nominees proposed by President Trump. Peirce made it clear at the Blockchain Association Policy Summit that the SEC's regulatory stance on the crypto industry will undergo a significant shift, expected to reduce its previous over-reliance on enforcement measures.
In terms of policy-making, Commissioner Uyeda pointed out that there are current issues with regulatory transparency. Taking the controversial SAB 121 policy as an example, this policy requires digital asset custodians to report liabilities and 'corresponding assets' on their balance sheets, but it did not go through the public comment process as mandated by the Administrative Procedure Act. Although both houses of Congress attempted to overturn this policy, it was ultimately vetoed by President Biden.
Peirce admitted that, due to the SEC having gone quite far down its current regulatory path, policy adjustments are not easy. She called out to the crypto industry: 'Getting back on the right track requires significant efforts from both regulators and the industry, but I believe this goal is achievable.'

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