White House says it received no Democratic nominees for SEC, CFTC vacancies
Both US financial regulators are understaffed at the leadership level and lacking Democratic commissioners, with no announcement from President Donald Trump on filling the roles....
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Grayscale's CFO exits after 7 years with crypto asset manager
Grayscale CFO Edward McGee stepped down after seven years, becoming the second senior executive to exit the bitcoin ETF manager in weeks. His departure follows distribution chief John Hoffman's move to Ondo Finance. The leadership shuffles come as Grayscale pauses its U.S. IPO amid challenging market conditions, with GBTC's assets declining to $8.5 billion post-ETF conversion.
JPMorgan Says the Real Threat to Bitcoin Isn’t Strategy (MSTR) — It’s Private Blockchains
JPMorgan analysts argue that institutional adoption of private blockchains—not Strategy's bitcoin sales—poses the real structural threat to Bitcoin. Banks prefer permissioned networks offering regulatory certainty and privacy controls. If tokenization, payments, and settlement migrate to private infrastructure rather than public chains like Ethereum, crypto could face thinner liquidity and weaker capital flows, ultimately impacting Bitcoin's ecosystem fundamentals.
With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
Coinbase Chief Legal Officer Paul Grewal is departing after the exchange's landmark SEC legal victory, with Molly Abraham taking over as general counsel. The leadership shuffle follows the regulator's withdrawal of its multi-year lawsuit against the crypto exchange. Grewal will remain as adviser, marking a transition as crypto regulatory clarity strengthens in the U.S. market.