SEC Quorum Rule Change Could Ease Crypto Rulemaking Without Market Structure Bill

The procedural lever may matter more than any single rule: a lower quorum threshold shifts crypto policy from a legislative fight to an internal agency question, making outcomes depend on who sits on the commission rather than on Congress. That raises the stakes of commissioner turnover and the durability of any approach, since easier-to-pass measures are also easier to reverse. Whether the SEC actually uses the latitude for substantive crypto rulemaking, and how the courts treat it, is the open question.