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Plans to introduce gender quotas in the Welsh parliament have been scrapped.

It was originally intended to introduce the quotas for the next Senedd elections in May 2026, but this was delayed to 2030 in July.

But in a written statement on Monday evening, Trefnydd (leader of the house) Jane Hutt confirmed the plans had been shelved.

Concerns had been raised that the proposed legislation could be subject to legal challenge.

A cross-party group of Senedd members said it needed certainty “beyond doubt” that members had the authority to pass the bill.

The plans had been separated from the expansion of the Senedd, which will see the number of parliament members increase by more than 50% from 60 to 96.

A motion to remove the Senedd Cymru (Electoral Candidate Lists) Bill from consideration will be debated and voted on next week.

Eluned Morgan. Pic: Senedd Commission
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Eluned Morgan. Pic: Senedd Commission

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Later on Tuesday, Eluned Morgan, who became first minister of Wales in August, will answer questions from Senedd members for the first time in her new role.

She is expected to outline her plans for government after spending the summer travelling across Wales as part of a “listening” exercise.

The government said it remained “committed to a gender balanced Senedd” and would instead explore other ways of ensuring gender parity.

“[We] have reflected over the summer and decided the best way we can achieve practical change for the 2026 Senedd election is to address this issue in a different way,” Ms Hutt said.

She added that the bill’s withdrawal did not prevent individual parties from considering “what action they can implement” to select a diverse range of candidates.

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The Welsh Conservatives – the largest opposition group in the Senedd – said the decision was “inevitable”.

They said they favoured a selection process “based on merit and by the voters”.

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Crypto self-custody is a fundamental right, says SEC’s Hester Peirce

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Crypto self-custody is a fundamental right, says SEC's Hester Peirce

Hester Peirce, a commissioner of the United States Securities and Exchange Commission (SEC) and head of the SEC’s Crypto Task Force, reaffirmed the right to crypto self-custody and privacy in financial transactions.

“I’m a freedom maximalist,” Peirce told The Rollup podcast on Friday, while saying that self-custody of assets is a fundamental human right. She added:

“Why should I have to be forced to go through someone else to hold my assets? It baffles me that in this country, which is so premised on freedom, that would even be an issue — of course, people can hold their own assets.”

Privacy, SEC, Freedom, United States, Self Custody, Bitcoin Adoption, ETF
SEC commissioner Hester Peirce discusses the right to self-custody and financial privacy. Source: The Rollup

Peirce added that online financial privacy should be the standard. “It has become the presumption that if you want to keep your transactions private, you’re doing something wrong, but it should be exactly the opposite presumption,” she said.

The comments came as the Digital Asset Market Structure Clarity Act, a crypto market structure bill that includes provisions for self-custody, anti-money laundering(AML) regulations, and asset taxonomy, is delayed until 2026, according to Senator Tim Scott.

Related: SEC to hold privacy and financial surveillance roundtable in December

Exchange-traded funds (ETFs) challenge Bitcoin’s self-custody ethos

Many large Bitcoin (BTC) whales and long-term holders are pivoting from self-custody to ETFs to reap the tax benefits and hassle-free management of owning crypto in an investment vehicle.

“We are witnessing the first decline in self-custodied Bitcoin in 15 years,” Dr. Martin Hiesboeck, the head of research at crypto exchange Uphold, said.