A former crypto executive has been tapped to serve as the director of trading and markets at the U.S. Securities and Exchange Commission (SEC).
Jamie Selway, a veteran financial services executive, will begin serving in the role on June 17th, per a new press release from the regulator.
SEC Chairman Paul Atkins says Selway will help “ensure the agency’s regulations balance costs and benefits.”
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The SEC has adopted a more crypto-friendly stance under Atkins, who has sought to distance the regulatory agency from the high-profile enforcement actions overseen by Gary Gensler, the previous chair.
Gensler launched legal battles against numerous crypto firms, including industry giants Binance, Kraken, Coinbase, Ripple, Uniswap Labs and Consensys. Since Gensler stepped down in January, many of those cases have been
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