Waters Demands SEC Hearing Over Dropped Crypto Cases

Senior Democrat Maxine Waters is pushing for a congressional hearing with SEC Chairman Paul Atkins to explain why the agency has dropped or delayed several high-profile crypto enforcement cases. She argues these decisions may weaken securities law enforcement and investor protections. The request highlights growing political scrutiny of the SEC’s crypto oversight approach.

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Waters Demands SEC Oversight Amid Crypto Enforcement Collapse

In a formal request for congressional oversight, Representative Maxine Waters has sounded the alarm over what she characterizes as a dramatic and potentially politicized retreat from cryptocurrency enforcement at the Securities and Exchange Commission. Citing data showing approximately 60% of crypto cases dismissed since January and zero new actions filed in 2025, Waters’ letter to Committee Chair French Hill demands a hearing with SEC Chairman Paul Atkins, raising fundamental questions about regulatory independence and investor protection under the new administration.

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GOP Report Accuses Biden of ‘Operation Choke Point 2.0’ Against Crypto

Republican lawmakers have released a final report accusing the Biden administration of orchestrating a coordinated campaign to cut off banking services to cryptocurrency firms. They label the alleged regulatory pressure ‘Operation Choke Point 2.0’ and call for urgent legislative action. The report demands clarity through new laws like the CLARITY Act to protect the digital asset industry.

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Trump Ends Longest US Government Shutdown, Markets Rally

President Donald Trump has signed legislation ending the longest government shutdown in modern US history, reopening federal agencies after 43 days of political gridlock. The breakthrough triggered immediate market rallies as Bitcoin surged toward $105,000 and broader risk assets gained, with federal workers set to receive back pay as services resume nationwide following the House of Representatives’ 222-209 vote.

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US Republicans Propose Crypto Regulatory Overhaul Bill

House Republicans have unveiled a comprehensive draft bill that would fundamentally reshape how digital assets are regulated in the United States. The proposal establishes clear jurisdictional lines between the CFTC and SEC based on whether crypto assets are decentralized or centralized. This legislative effort aims to provide regulatory clarity while maintaining consumer protections in the rapidly evolving crypto market.

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XRP Called Humanity’s Best Chance to Transform Global Money

Vincent Scott, a prominent voice in the XRP community, has declared XRP and the XRP Ledger as humanity’s optimal solution for revolutionizing global financial infrastructure. His analysis combines optimism about Ripple’s strategic corporate moves with a stark warning that regulatory clarity remains the critical missing piece for meaningful progress. While market data shows XRP maintaining stronger recent gains than Ethereum, the community remains divided on timing and approach despite shared enthusiasm for XRP’s potential to reshape how money moves worldwide.

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SEC Probed Over Gensler’s Deleted Texts in Crypto Crackdown

House Republicans have launched a sweeping investigation into the Securities and Exchange Commission after an internal watchdog revealed that nearly a year of text messages from former Chair Gary Gensler were permanently deleted due to agency failures. The missing communications span October 2022 through September 2023, coinciding with the SEC’s most aggressive enforcement campaign against cryptocurrency firms, creating what lawmakers call a glaring double standard in regulatory oversight.

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House GOP Probes SEC’s Gensler Over Deleted Text Messages

House Republicans are intensifying their scrutiny of former SEC Chair Gary Gensler, launching an investigation into deleted text messages from his tenure between 2021 and 2025. The probe follows findings from the SEC’s Office of Inspector General that raised serious questions about the commission’s transparency and integrity under Gensler’s leadership, with lawmakers now demanding answers about potential record-keeping violations and accountability lapses at the nation’s top financial regulator.

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Lawmakers Push 401(k) Crypto Access, Billions at Stake

A coalition of U.S. lawmakers is pressing the Securities and Exchange Commission to unlock 401(k) plans for cryptocurrency investments, potentially unleashing up to $240 billion from America’s $12 trillion retirement market. The push, led by House committee chairs French Hill and Ann Wagner, seeks to implement a Trump-era executive order that would allow retirement funds to allocate to digital assets like Bitcoin, Ethereum, and XRP. This regulatory shift comes as decentralized exchange First Ledger provocatively compared XRP’s long-term value potential to traditional retirement accounts, highlighting the growing convergence between traditional finance and digital assets.

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US Lawmakers Push SEC to Speed Crypto in 401(k) Plans

A bipartisan coalition of nine U.S. lawmakers is intensifying pressure on the Securities and Exchange Commission to accelerate the integration of cryptocurrencies into American retirement savings. In a formal letter sent Monday, senior financial committee leaders urged SEC Chair Paul Atkins to provide “swift assistance” in implementing an August executive order from President Donald Trump designed to “democratize access” to alternative assets like crypto within 401(k) plans. This move signals growing political momentum to modernize retirement investment options as digital assets gain institutional credibility.

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House Panel Urges SEC to Fast-Track Crypto 401(k) Access

A bipartisan coalition on the House Financial Services Committee is pressing the Securities and Exchange Commission (SEC) to swiftly implement President Donald Trump’s executive order, paving the way for cryptocurrency investments in 401(k) retirement plans. In a September 22 letter to SEC Chairman Paul Atkins, the lawmakers argue that expanding access to alternative assets is crucial for helping 90 million Americans secure better retirement outcomes, signaling a significant potential shift for the $12.2 trillion defined-contribution market.

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SEC Chair Backs Tokenized Securities & GENIUS Act

SEC Chair Paul Atkins has highlighted the growing importance of tokenized securities, calling their adoption inevitable. He praised the bipartisan GENIUS Act, which sets standards for stablecoin issuers and promotes regulatory clarity. The Act, now awaiting President Trump’s signature, mandates transparency, 1:1 reserve backing, and oversight by regulated institutions. Atkins also discussed the SEC’s exploration of innovation exemptions to encourage asset tokenization. Additionally, the rescission of Staff Accounting Bulletin No. 121 removes barriers to crypto custodial services. Ripple CEO Brad Garlinghouse hailed the GENIUS Act as a historic milestone for fintech and digital assets. The Clarity Act further defines oversight roles for the SEC and CFTC, ensuring clearer regulations for blockchain and digital assets.

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