Odaily Planet Daily News: Katherine Dowling, Chief Compliance Officer of Bitwise, stated that January marked the end of SAB 121, welcomed Trump's cryptocurrency executive order, and witnessed the establishment of a new SEC working group. In addition, with the surge in cryptocurrency ETF applications, now is a good time to communicate with insiders. She pointed out that the signal of SEC-CFTC strengthening cooperation is one of the biggest changes compared to the Gensler era. According to Bitwise's conversation with the SEC, the cryptocurrency working group appears to be "very sincere". The current nominee for SEC Chairman, Paul Atkins, has not yet been confirmed, and Mark Uyeda will serve as Acting Chairman. Nevertheless, Dowling stated that the SEC is in a "purgatory state" and appears to be waiting for "high-level instructions" on how to handle lawsuits, including the case against Ripple. Dowling said, "Tonight, these things won't disappear, nor should they disappear, but when you have a new leadership, you will have a new perspective. In this particular case, are we focusing on the right thing? Is there a position of reconciliation that allows both sides to achieve the results they want It pointed out that some assets are still "trapped like dolphins in a fishing net". She refers to assets that are clearly classified as securities, including SOL and XRP. The SEC must make some concessions in this regard in order to push forward these ETF proposals. She hinted that the DOGE ETF may have a clearer path as the SEC has not yet marked DOGE as a security. In addition, in addition to the uncertainty of litigation/securities, there is also a question of whether the SEC will require the existence of a "sizable regulated market" (historically traded through CME futures). （Blockworks）
