The US financial regulatory agencies are undergoing personnel changes. According to the latest information, after the Trump administration adjusted personnel in several regulatory agencies earlier this year, they are now open to nominating Democrats for two key financial regulatory positions. This shift has attracted widespread attention within the industry.

For the cryptocurrency and Web3 sectors, the composition of leadership in financial regulatory agencies directly influences policy directions. Whether from Republican or Democratic regulators, their attitudes towards digital assets, DeFi, stablecoins, and other areas will shape future compliance frameworks. Market participants generally believe that this bipartisan regulatory approach may, to some extent, ease past political disagreements and create a more stable policy environment for industry development.

The industry needs to continue monitoring the final candidates for these key positions and their specific stances on cryptocurrency asset regulation.