<ul><li>SEC's lone Democratic member, Caroline Crenshaw, warned that the agency is straying from its mission and ignoring significant risks, including in the cryptocurrency space.</li><li>Crenshaw likened SEC's regulatory structure to a game of Jenga, highlighting the loss of SEC staff and concerns over the administration's intent to scale back financial regulatory bodies.</li><li>The Trump administration has signaled its intent to cut staffing levels at regulatory agencies and has attempted to scale down enforcement efforts, including those related to cryptocurrency.</li><li>SEC Chairman Paul Atkins mentioned considering regulatory changes to cater to on-chain securities and other crypto assets to support Trump's vision of the U.S. becoming the 'crypto capital of the planet.'</li></ul>

SEC’s Lone Democrat: Agency Playing ‘Dangerous Game’ With Regulation

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