- President Biden renominates Caroline Crenshaw for a second term as SEC Commissioner.
- Crypto community criticizes Crenshaw’s anti-crypto stance and its impact on innovation.
- Nomination signals continued regulatory scrutiny of cryptocurrency by the SEC.
President Joe Biden’s renomination of Caroline Crenshaw for a second term as a U.S. Securities and Exchange Commissioner has sparked mixed reactions from the cryptocurrency community, with some fearing a continuation of the SEC’s stringent regulatory approach towards digital assets.
The news shared on X platform by Fox Business journalist Eleanor Terrett has quickly drawn reactions from the cryptocurrency community.
MetaLawMan, a prominent figure in the crypto space, posted a critical response to the announcement. Referring to Crenshaw as a “soldier in good standing in the anti-crypto army,” MetaLawMan expressed skepticism about the SEC’s stance on cryptocurrency regulation. The tweet further stated, “So much for the pivot on crypto. Watch what they the SEC do, not what they say.”
SEC Commissioner Caroline Crenshaw is a soldier in good standing in the Anti-Crypto Army.The post Crypto Community Divided Over Crenshaw’s Return to SEC appeared first on Coin Edition.So much for the pivot on crypto.
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