According to the source, U.S. SEC Commissioner Caroline Crenshaw has resigned. According to the source, the post characterizes Crenshaw as anti-cryptocurrency and frames the reported resignation as bullish for the crypto market, with no official confirmation or transition details provided in the source.

According to Eleanor Terrett, the current SEC Commission is favorably inclined towards cryptocurrency with a 2-1 majority. Commissioners Mark Uyeda and Hester Peirce are supportive, which indicates potential regulatory outcomes in favor of crypto initiatives, even if Commissioner Caroline Crenshaw votes against them.