PANews reported on January 2nd that, according to an official announcement from the U.S. Securities and Exchange Commission (SEC), Commissioner Caroline Crenshaw has officially resigned. Crenshaw, a crypto skeptic, previously stated that the SEC's guidance on Meme coin did not provide a clear legal definition. However, in February, she published "Crypto 2.0: Regulatory Whip," arguing that Coinbase's enforcement actions damaged regulatory credibility and misled people into believing that law enforcement resources were deployed based on election cycles or favoring the wealthy, drawing criticism.