Is The SEC 'Making Peace' With Crypto? The Key Personnel Shifts Hinting At Why This May Be The Case

The Securities and Exchange Commission is undergoing what appears to be a significant strategic overhaul regarding its oversight of the cryptocurrency sector.

This transformation is marked by key personnel changes that hint at a move away from an enforcement-heavy approach towards a more collaborative and structured regulatory landscape.

What Happened: Indicating this change is the reassignment of Jorge Tenreiro, a leading SEC attorney who previously spearheaded several major legal battles against cryptocurrency exchanges and platforms, according to The Wall Street Journal.

His work was considered vital in establishing the SEC's jurisdiction over this often volatile and still relatively new market.

Tenreiro’s new assignment is as staff for key IT and technology resources.

Another transfer was seen of Senior SEC lawyer, Natasha Guinan.

These adjustments follow the prior month's formation of a new task force, which is now focused on developing a comprehensive regulatory ...

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