tl;dr
The U.S. Securities and Exchange Commission (SEC) appointed Jamie Selway, a crypto industry veteran with experience at Blockchain.com, Skew, Goldman Sachs, and Gradient, as director of its trading and markets division. SEC Chairman Paul S. Atkins praised Selway's extensive market expertise. Selway a...
The U.S. Securities and Exchange Commission (SEC) has appointed Jamie Selway, a seasoned crypto-native with a background at Blockchain.com, Skew, Goldman Sachs, and the AI-driven firm Gradient, as the new director of its trading and markets division. SEC Chairman Paul S. Atkins highlighted Selway’s extensive expertise in market structure and multiple asset classes, emphasizing his role in promoting innovation to benefit investors.
Brian T. Daly, an expert in crypto regulation and former partner at Akin Gump Strauss Hauer & Feld LLP, will lead the SEC’s division of investment management. Daly is known for his contributions to the discourse on crypto regulation and has authored several papers and presentations on the topic.
Under President Trump, the SEC has shifted to a more crypto-friendly regulatory stance, focusing on fostering innovation and addressing the challenges left by the previous administration. This new approach includes maintaining a crypto task force staffed by personnel supportive of digital assets.
Since Trump’s return to office, nearly all crypto-related lawsuits and investigations initiated during the Biden administration—when the SEC aggressively targeted prominent digital asset companies and characterized many tokens as securities—have been dropped. This regulatory pivot signals an effort to clear regulatory uncertainties and advance the crypto industry’s growth within the United States.