SEC crypto skeptic Caroline Crenshaw set to depart the agency this week
Crypto Briefing
SEC Commissioner Caroline Crenshaw, known for her crypto skepticism, is departing the agency as her term expires on January 3.Summary
SEC Commissioner Caroline Crenshaw, who has been skeptical of cryptocurrency and focused on investor protection, is leaving the agency this week as her term expires on January 3. Her departure will result in the SEC having a rare 3-0 Republican majority. Crenshaw joined the SEC in 2013 and became the Democratic commissioner in August 2020. Her regulatory stance often mirrored that of Chair Gary Gensler, leading to pushback from the crypto sector, notably over her dissent on Bitcoin ETF approvals. The Trump administration is anticipated to nominate a successor who may favor a more pro-innovation and crypto-friendly approach.
(Source：Crypto Briefing)