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Crypto Bill Failed. Why the SEC's Quorum Change Matters Now

2026-10-13

US lawmakers did not pass a comprehensive market structure bill for digital assets. Since then, financial regulators have increased their efforts to change how crypto companies and offerings are overseen and how rules are enforced against them.

The SEC recently changed its rules on quorum, meaning the minimum number of members needed for the agency to act. Cointelegraph reported on Oct 13, 2026 that this change could make it easier for the SEC to adjust its approach to crypto regulation even though there is no market structure law.

The article's headline ties this to a lack of leadership at the SEC. The available text does not say who is or is not in charge at the agency. It also does not say which crypto rules, if any, the SEC plans to change, or when.

For someone who already holds a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report names no rule that touches funding rates, trading fees or liquidity on these venues. It is a procedural change at a US regulator. Any effect on holding costs would depend on rules that have not been announced.

Source: cointelegraph — How the SEC’s lack of leadership could facilitate crypto rulemaking

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