According to Eleanor Terrett, the current SEC Commission is favorably inclined towards cryptocurrency with a 2-1 majority. Commissioners Mark Uyeda and Hester Peirce are supportive, which indicates potential regulatory outcomes in favor of crypto initiatives, even if Commissioner Caroline Crenshaw votes against them.

According to Eleanor Terrett, the SEC under Mark Uyeda has voluntarily dismissed its appeal concerning the lawsuit that challenged the SEC's attempt to expand the dealer rule. This decision comes after significant opposition from the Blockchain Association and CryptoFreedomTX, who argued that the expanded definition could unfairly classify certain high-frequency traders as dealers. This legal development may influence trading strategies as it reduces regulatory uncertainty, potentially encouraging more trading activities within crypto markets.