Almost 17,000 candidates sat for the Level I exam in February.
The banking industry is gradually working through the sector's issues, he said.
Vanguard, meanwhile, remains among the companies holding off on getting into the bitcoin ETF market.
November's elections could impact the agency's rule plans.
“We have a tremendous amount of companies on the road,” she said.
Charles Schwab said it will offer trading in bitcoin ETFs across exchanges.
It's the lowest pass rate for the Level I test since 2021.
The JPMorgan Chase chief has a long history of bashing digital currencies.
The heads of the biggest U.S. banks want to water down capital rule proposals.
Some of the bank's loan officers allegedly failed to ask applicants about their race, ethnicity and sex and then lied about it.