Donald Trump, the U.S. President-elect, has appointed Jay Clayton, former Chair of the U.S. Securities and Exchange Commission (SEC), to a significant role. This appointment draws attention to Clayton's history in crypto regulation and enforcement.
Clayton's involvement in the new role could have implications for crypto oversight, potentially redefining regulatory approaches and legal power in the industry.
This move emphasizes Trump's interest in influencing the direction of crypto oversight through strategic appointments of experienced individuals like Clayton.
Source: news.bitcoin.com ↗