#AltcoinSeasonIndexHoldsAbove60For5Days *Corner turned: On Bloomberg Crypto with Scarlet Fu/Tim Stenovec: SEC has "turned corner" from "quite negative" posture to guidance — says agency now can do lot without CLARITY Act — was "surprised" CLARITY failed Sep 15 (49-50 need 60) but SEC turning attention to its own authority*
- *Context: Crypto Mom since 2018 — served under Clayton, Gensler, Atkins — led Crypto Task Force — pushed clear rules vs enforcement — dissented on spot BTC ETF denials — SEC dropped/eased enforcement 2025-26 under Atkins — Sep 17 granted 5-year tokenized stock exemption — Sep 25 joint FAQ with CFTC*
- *Exit: Resignation letter posted X Sep 25 "T minus 7" — last day Oct 2 — moving to Regent University School of Law associate prof Nov — after exit SEC down to 2 commissioners (Atkins, Uyeda) — only second time in history operating with 2 — CFTC down to 1 chair Michael Selig — White House hasn't nominated replacements — PYMNTS: leadership vacuum as Blockchain Assn CEO change, Circle CFO/board exit, Coinbase CLO left*
- *Final principles: Slammed rules that "infantilize investors" — Americans blocked from startup investing but can gamble casino — self-custody = "very fundamental American right" — "I don't know you should need regulator to tell you you're allowed to hold own assets" — opposes developer approval agency — "I don't want us to turn into developer approval agency where people have to come to us before they write software" — says use the rules to build products people love, harder to take away, makes rules durable.
*BREAKING 🚀 SEC Hester Peirce to Bloomberg: agência finalmente "virou a esquina" de "bem negativa" para orientação — diz que ficou surpresa com a CLARITY ter falhado, mas a SEC consegue fazer muita coisa sem ela 📈 Crypto Mom exit em 2 de outubro para a Regent Law — SEC ficou com 2 comissários (2ª vez na história), CFTC 1 — chama auto-custódia de direito fundamental, critica regras que infantilizam investidores 🔔 $MOVR $US $AGT