According to @EleanorTerrett, Former Acting CFTC Chair Caroline D. Pham is moving to MoonPay. According to @EleanorTerrett, House lawmakers are advancing crypto tax reform. According to @EleanorTerrett, the post also includes a midweek headline roundup.

According to @EleanorTerrett, a new note highlights an outpouring of support for the Senate’s 'Crypto Queen' following a retirement announcement, emphasizing its policy relevance for digital-asset traders, source: @EleanorTerrett on X, Dec 22, 2025; CryptoInAmerica.com. According to @EleanorTerrett, the note flags the Federal Reserve’s 'skinny master account' initiative as a big deal, drawing attention to access to Fed payment rails and the intersection with crypto finance, source: @EleanorTerrett on X, Dec 22, 2025; CryptoInAmerica.com. According to @EleanorTerrett, the author also lays out what to watch in the shortened Christmas week, signaling a near-term event-driven focus for market participants, source: @EleanorTerrett on X, Dec 22, 2025; CryptoInAmerica.com.

According to @EleanorTerrett, a press representative for Sen. Cynthia Lummis said the senator will spend the remainder of her term focused on getting crypto market structure legislation over the finish line and highlighted her years of work to install commonsense guardrails for the digital asset industry. source: @EleanorTerrett on X, Dec 19, 2025. For trading strategy, monitor official updates from Sen. Lummis’ office and congressional scheduling tied to market structure legislation, as market participants closely track policy developments that define digital asset market structure. source: @EleanorTerrett on X, Dec 19, 2025.

According to @EleanorTerrett, Sen. Cynthia Lummis of Wyoming announced she will not run for reelection and will leave office on January 3, 2027, making crypto market structure legislation her final focus in Congress. Source: Eleanor Terrett on X, Dec 19, 2025. Lummis co-authored the bipartisan Lummis–Gillibrand Responsible Financial Innovation Act, which proposes clarifying digital asset market structure and CFTC–SEC jurisdiction, a framework that traders are watching for potential advancement before the end of her term. Source: U.S. Senate press release by Sens. Lummis and Gillibrand, July 12, 2023; Congress.gov bill summary for the Responsible Financial Innovation Act. Momentum from the House passage of the FIT21 market structure bill in May 2024 increases the likelihood of Senate action this Congress, making committee hearings and markups potential volatility catalysts for BTC and ETH. Source: U.S. House Clerk roll call on FIT21, May 22, 2024; Reuters, May 22, 2024. Policy clarity has historically coincided with higher crypto volumes and price responses, as seen after the SEC approved spot Bitcoin ETFs on January 10, 2024, which was followed by elevated trading and a price jump in BTC. Source: SEC Order approving spot Bitcoin ETFs, Jan 10, 2024; Reuters, Jan 11, 2024.

According to Eleanor Terrett, an X live broadcast is covering SEC discussions on crypto privacy, Jito moving to the U.S., and broader policy updates—topics directly relevant for traders tracking regulatory risk and project jurisdiction changes; source: https://twitter.com/EleanorTerrett/status/2002062984072630443 and https://x.com/i/broadcasts/1vAGRQWdXZRKl. Traders following Jito-related markets can review the broadcast for any official statements made on these subjects to inform compliance and market-access assessments; source: https://twitter.com/EleanorTerrett/status/2002062984072630443 and https://x.com/i/broadcasts/1vAGRQWdXZRKl.

According to @EleanorTerrett, Mike Selig has been confirmed as CFTC Chair amid a busy final week for crypto policy, a development traders should note for regulatory news flow into year-end, source: @EleanorTerrett. The CFTC regulates U.S. crypto derivatives including BTC and ETH futures and options, making leadership changes directly relevant to market oversight and compliance monitoring for derivatives participants, source: CFTC.

According to @EleanorTerrett, the Federal Reserve has withdrawn its 2023 guidance that effectively blocked uninsured banks from becoming Fed members and engaging in crypto activities (source: @EleanorTerrett). The same guidance underpinned the Fed’s denial of Custodia Bank’s master account, putting renewed focus on regulatory access for uninsured, crypto-focused banks and potential implications for U.S. crypto banking rails (source: @EleanorTerrett).

According to Eleanor Terrett, CFTC Acting Chair Caroline Pham will join MoonPay to lead its legal and regulatory strategy (source: Eleanor Terrett on X, Dec 17, 2025). According to Eleanor Terrett, the role explicitly focuses on legal and regulatory strategy, a core operational area for crypto payments and on-ramp providers that market participants track for compliance developments (source: Eleanor Terrett on X, Dec 17, 2025).

According to @EleanorTerrett, the BankingGOP and industry meeting on market structure has concluded, with attendees including crypto representatives alongside Goldman Sachs, BNY (BNYglobal), SIFMA, and the Financial Services Forum, the big bank CEO trade group (source: Eleanor Terrett on X, Dec 17, 2025). According to @EleanorTerrett, the post did not provide agenda details, outcomes, or timelines, indicating no confirmed policy change to trade on from this source alone (source: Eleanor Terrett on X, Dec 17, 2025). According to @EleanorTerrett, traders tracking U.S. crypto market structure should monitor any official readouts or statements from BankingGOP, Goldman Sachs, BNY, SIFMA, and the Financial Services Forum referenced in her post for potential market-moving updates (source: Eleanor Terrett on X, Dec 17, 2025).

According to @EleanorTerrett, the Senate Banking Chair met with crypto leaders while a market structure markup was delayed, highlighting a near-term shift in the U.S. digital asset policy calendar (source: @EleanorTerrett). She also reports that Custodia Bank is not done fighting the Federal Reserve and that the FDIC has kicked off GENIUS rulemaking, pointing to active U.S. regulatory engagement that traders track for market structure clarity (source: @EleanorTerrett). Additionally, SoFi CEO Anthony Noto joined the related podcast covering these developments and top stories of the week (source: @EleanorTerrett).

According to @EleanorTerrett, the FDIC Board voted this morning (Dec 16, 2025) to open a 60-day public comment period on its process for banks seeking to issue stablecoins via subsidiaries. According to @EleanorTerrett, this is the first official rulemaking proposal stemming from the passage of the GENIUS Act, highlighting a defined regulatory step for bank-issued stablecoin oversight.

According to Eleanor Terrett, Wyoming-based crypto bank Custodia has filed a petition for rehearing en banc asking the full Tenth Circuit to reconsider its October decision that sided with the Federal Reserve in denying Custodia a master account, according to Terrett. According to Eleanor Terrett, the petition argues the panel misinterpreted the Monetary Control Act by asserting that any eligible bank has a right to a master account, undermined state banking authority, and raised constitutional concerns. According to Eleanor Terrett, Custodia’s filing also cites her CryptoAmerica interview with Federal Reserve Governor Waller multiple times.

According to Eleanor Terrett, Wyoming-based Custodia Bank has filed a petition for rehearing en banc asking the full Tenth Circuit to reconsider its October decision that sided with the Federal Reserve in denying Custodia a master account, extending the legal battle over direct access to Fed payment services. Source: Eleanor Terrett on X, Dec 16, 2025. A Federal Reserve master account provides a depository institution with direct access to payment and settlement services such as Fedwire and reserve account services, which directly affects a bank’s ability to provide fiat rails to clients. Source: Federal Reserve, Account Services and Master Accounts overview. En banc rehearing is not favored and is reserved for questions of exceptional importance or to maintain decisional uniformity under Federal Rule of Appellate Procedure 35, indicating a high bar for reconsideration. Source: Federal Rules of Appellate Procedure 35. For traders, this proceeding is a key regulatory risk indicator for U.S. crypto banking access and fiat on/off-ramp reliability, so monitoring whether the Tenth Circuit grants or denies en banc review can help assess counterparty and liquidity risks tied to bank-integrated crypto services. Source: Federal Reserve Financial Stability Report, May 2023; Eleanor Terrett on X, Dec 16, 2025.

According to Eleanor Terrett, President Trump said he will consider a pardon for Samourai Wallet CEO Keonne Rodriguez, stating "I've heard about it, I'll look at it," in Terrett's Dec 15, 2025 post on X, which described Samourai as a privacy-focused Bitcoin (BTC) wallet, citing her post on X. Terrett also asked whether developer @rstormsf would be included, underscoring the potential breadth of any clemency discussion, per the same post on X. The only confirmed development is Trump's stated willingness to review a pardon, as cited by Terrett's X post.

According to Eleanor Terrett, the U.S. SEC Crypto Task Force is hosting a roundtable on financial surveillance and privacy this afternoon and it is happening now (source: Eleanor Terrett on X, Dec 15, 2025). The event features two panels of industry participants (source: Eleanor Terrett on X, Dec 15, 2025). The session is live-streamed on the SEC’s website, and the agenda was shared in Terrett’s post for real-time viewing (source: Eleanor Terrett on X, Dec 15, 2025).

According to @EleanorTerrett, a new Crypto Policy Roundup compiles key D.C. moves from a crypto-heavy week on Capitol Hill and the week’s top headlines, giving traders a consolidated view of regulatory developments to monitor for potential market impact; source: X post by @EleanorTerrett, https://www.cryptoinamerica.com/p/crypto-policy-roundup-key-moves-from. For trading decision support, reviewing the roundup can help identify timely Capitol Hill developments and headline flow that may influence short-term sentiment, liquidity, and volatility across the crypto market; source: X post by @EleanorTerrett, https://www.cryptoinamerica.com/p/crypto-policy-roundup-key-moves-from.

According to @EleanorTerrett, JPMorgan executed its first major securities issuance on a public blockchain, confirming bank-led on-chain issuance activity on public networks (source: @EleanorTerrett on X, Dec 11, 2025). The post does not specify the blockchain, instrument type, issuance size, settlement mechanics, or secondary-market plans, limiting immediate attribution to any specific token or protocol for trading decisions (source: @EleanorTerrett on X, Dec 11, 2025). For trading context, this verifiable data point relates directly to tokenized securities and real-world assets activity on public chains, and further details from the issuer will be required to assess liquidity impact and venue-specific flows (source: @EleanorTerrett on X, Dec 11, 2025).

According to @EleanorTerrett, the post is a personal fostering update about two rescued kittens and contains no references to financial markets, cryptocurrencies, or regulatory developments, source: @EleanorTerrett on X, Dec 11, 2025. The post provides no project news, earnings data, token updates, or policy commentary that would constitute a trading catalyst or material information, source: @EleanorTerrett on X, Dec 11, 2025. Traders should treat this as non-material social content with no expected impact on liquidity, volatility, or price discovery across crypto or equities, source: @EleanorTerrett on X, Dec 11, 2025.

According to Eleanor Terrett, senators are holding a bipartisan meeting this morning to continue negotiating crypto market structure, with a separate White House session this afternoon involving representatives from several leading industry firms, and later a meeting between senators and CEOs from Bank of America, Citi, and Wells Fargo to discuss curbing interest payments by affiliates of stablecoin issuers (source: Eleanor Terrett, X post, Dec 11, 2025). The White House involvement and back-to-back Senate engagements indicate active policy work on market structure and stablecoin oversight explicitly cited in the schedule (source: Eleanor Terrett, X post, Dec 11, 2025). Terrett also notes the White House meeting was flagged via an email reviewed by CryptoAmerica, highlighting formal coordination with industry representatives (source: Eleanor Terrett, X post, Dec 11, 2025). For traders, key watch items from the stated agenda are market structure terms discussed in the bipartisan Senate meeting, White House signals from industry consultations, and any Senate-CEO outcomes on curbing stablecoin-affiliate interest payments, which directly pertain to stablecoin issuer banking relationships described in the source (source: Eleanor Terrett, X post, Dec 11, 2025).

According to @EleanorTerrett, CFTC Acting Chair Caroline D. Pham has named 12 exchange CEOs to the new CFTC CEO Innovation Council to address derivatives market structure. Source: Eleanor Terrett on X, Dec 10, 2025. Selected leaders include executives from Cboe, CME Group, Nasdaq, ICE, LSEG, Kraken, Gemini, Crypto.com, Bullish, Bitnomial, Kalshi, and Polymarket. Source: Eleanor Terrett on X, Dec 10, 2025. The council will advise on tokenization, perpetuals, prediction markets, 24/7 trading, and blockchain-based market infrastructure. Source: Eleanor Terrett on X, Dec 10, 2025.