Republican

Wednesday

Read

<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>Over 52,000 crypto supporters led by Stand with Crypto sent 107,000 emails to U.S. senators opposing the renomination of SEC Commissioner Caroline Crenshaw.</em></li>  
 <li><em>The Senate Banking Committee abandoned two scheduled votes on Crenshaw’s renomination due to Republican opposition.</em></li> 
</ul>  
<h5 class="wp-block-heading">According to <em><a href="https://www.theblock.co/post/331309/stand-with-crypto-advocates-flood-senate-with-107000-emails-opposing-sec-crenshaws-renomination" target="_blank" rel="noopener noreferrer nofollow">The Block</a></em>, thousands of crypto supporters have launched a campaign to block the renomination of SEC Commissioner Caroline Crenshaw, inundating the U.S. Senate with emails in a campaign organized by the nonprofit Stand with Crypto.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/On-Black-19-1.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/On-Black-19-1-1024x576.jpg" alt="Stand with Crypto's Anti-Crenshaw Campaign Attracts Over 52,000 Supporters" class="wp-image-297505"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/292402-gary-gensler-resignation-likely-before-trump/" target="_blank" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295287-new-sec-chair-appointed-by-donald-trump/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/294996-bitcoin-miner-mara-expands-mining/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/259626-bouncebit-review-binance-megadrop-btc-restaking/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/292777-goldman-sachs-digital-asset-platform/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/288922-microsoft-rejects-bitcoin-investment-proposal/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/219215-balancer-reported-social-engineering-attack/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/294304-coinbase-usdc-earn-program-stops/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/281635-nvidia-stock-decline-shows-bitcoin-stable/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/290406-crypto-pac-fairshake-continues-to-boost/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/290763-avalanche-foundation-completes-acquisition-lfg/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295417-president-elect-donald-trump-congratulates-btc/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295134-solana-etf-takes-spotlight-as-sec-approval/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/267888-us-lawmakers-demand-release-binance-executives/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/287444-kraken-ethereum-restaking-now-available/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/282572-zksync-mainnet-governance-launches/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/281712-aave-launches-on-ethereum-mainnet/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/226404-gateio-withdrawal-issue-fixed-6-hours-idling/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/292047-doj-investigates-polymarket-for-alleged-illegal/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295684-us-banks-crypto-warning-revealed-by-coinbase/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296746-crypto-advocate-congressman-french-hill/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296064-microstrategy-bitcoin-purchase-expands/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296700-us-president-elect-trump-promote-bitcoin/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296939-japanese-bitcoin-reserve-now-proposed/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296056-riot-convertible-notes-worth-500m/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/282403-ark-21shares-bitcoin-etf-anchorage/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/293520-ftx-liquidator-transfers-ray-worth-millions/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/292890-bitcoin-covered-call-etf-now-promoted/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/203209-pudgy-penguins-supports-otc-trading/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/296700-us-president-elect-trump-promote-bitcoin/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/282702-stand-with-crypto-launched-fund-for-nft/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/wp-admin/post.php?post=282702&amp;action=edit" rel="noopener noreferrer nofollow">Stand With Crypto Launched New Legal Defense Fund for NFT Projects</a>&nbsp;&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="stand-with-crypto-advocates-mobilize-to-block-sec-nomination">Stand with Crypto Advocates Mobilize to Block SEC Nomination</h2>  
<p>Over the past week, about 107,000 emails from 52,000 advocates urged senators to vote against Crenshaw's renomination.</p>  
<p><a href="https://coincu.com/210609-coinbase-introduces-stand-with-crypto-alliance/" target="_blank" rel="noopener noreferrer nofollow">Stand with Crypto</a>'s executive director, Logan Dobson, called the move to scrap the vote "a great first step toward reversing the SEC's hostile attitude towards crypto" and allowing the sector to grow.</p>  
<p>Kara Calvert, Coinbase's vice president of U.S. policy, spotlighted the effort as evidence that crypto advocates have become more active in policy-making, not just elections.</p>  
<h2 class="wp-block-heading" id="senate-scrubs-vote-on-crenshaw-s-renomination-amid-opposition">Senate Scrubs Vote on Crenshaw's Renomination Amid Opposition</h2>  
<p>Crenshaw, known for aligning herself with SEC Chairman Gary Gensler on a number of issues and opposing key crypto initiatives like <a href="https://coincu.com/296225-479m-spot-bitcoin-etf-inflows-eight-day-streak/" target="_blank" rel="noopener noreferrer nofollow">spot Bitcoin ETFs</a>, was originally appointed in 2020 under the <a href="https://coincu.com/294040-donald-trump-administration-increase-cftc-power/" target="_blank" rel="noopener noreferrer nofollow">Trump administration</a> and renominated by President Biden. Her tenure has faced criticism from the crypto industry as perceived as hostile to digital asset innovation.</p>  
<p>The Senate Banking Committee, led by Sen. Sherrod Brown, D-Ohio, has now scrubbed two attempts to vote on Crenshaw's renomination. A vote scheduled for last week blew up when Republican senators objected to the meeting.</p>  
<p>The committee also called off a vote planned for Wednesday due to a lack of time and ongoing opposition from Republicans. Congress is scheduled to adjourn on December 20, making the delays the effective end of any renomination effort for Crenshaw.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>  <a href="https://coincu.com/?p=297502" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Stand with Crypto's Anti-Crenshaw Campaign Attracts Over 52,000 Supporters

Table of Contents

Coincu

Other articles published on Dec 18, 2024

3 Meme Coins Drawing Analyst Attention in December

Ex-Woori Bank employee jailed 15 years for embezzling funds

$200 Million ADA Sell-Off Sparks Concerns, ADA To Drop Below $1?

Meme coins drive Solana DApp revenue to $365m record

PENGU Climbs Higher, Leaving ACT and PNUT in Recovery Mode—What’s Next?

TRIO Marketplace Brings Next-Level Rewards For Bitcoin Collectors and Creators

Join our free newsletter for daily crypto updates!