BTIG executive: There may still be a 'jurisdictional dispute' in the future despite personnel changes at the US SEC.

Golden Finance reported that Isaac Boltansky, head of policy research at BTIG, said that the U.S. Securities and Exchange Commission (SEC) is about to undergo personnel changes. If approved by the Senate, Paul Atkins will succeed Gary Gensler for a term of five years. However, Isaac Boltansky warned that despite the personnel changes at the SEC, there will still be a 'jurisdictional dispute' in the future, pointing out that the agency and the Commodity Futures Trading Commission sometimes have disputes over cryptocurrency regulation because 'there are too many chefs in the kitchen, and they cannot agree on what they are doing.' In addition, the key issue of whether cryptocurrencies should be classified as securities is still being tried in court, which is beyond the jurisdiction of U.S. federal regulators. The next Congress will be led by a slight Republican advantage, and at least there may be more specific regulations on Stable Coin.