SEC Anti-Crypto Commissioner Caroline Crenshaw Removed
#news_update Caroline Crenshaw is out. The SEC commissioner, known for her anti-cryptocurrency stance, will not get a second term. The Senate Banking Committee abruptly canceled a renomination vote scheduled for tomorrow. Just like that, one of crypto’s most vocal opponents is out of the field.
Crenshaw’s four-year tenure at the U.S. Securities and Exchange Commission (SEC) left a trail of tension, frustration and court battles. Appointed in 2020 under President Donald Trump, he quickly became a regulatory thorn in the side of the crypto industry.