SEC will not establish cryptocurrency regulatory agenda before confirming chairman

According to Cointelegraph, US Securities and Exchange Commission (SEC) commissioner Hester Peirce stated that the agency may wait for Senate confirmation of a new chairman before deciding on the regulatory agenda for cryptocurrencies. Peirce stated at the Federalist Society meeting on February 11th that it is "premature" to develop digital asset policies without a formal chairman. Currently, Mark Uyeda serves as the interim chairman, succeeding Gary Gensler who left on January 20th. President Trump has nominated former SEC commissioner Paul Atkins as the new commissioner, and the nomination is yet to be confirmed by the Senate. The SEC has recently requested extensions in multiple cases, indicating that its cryptocurrency regulatory framework is still being adjusted.