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SEC Commissioner Caroline Crenshaw Resigns Amid Anti-Crypto Stance
Summary: According to reports, the U.S. Securities and Exchange Commission (SEC) officially announced the resignation of Commissioner Caroline Crenshaw, who is known for her anti-crypto stance. Previously, Crenshaw criticized the SEC's guidance on meme coins for lacking clear legal definitions. In February, she released a report titled 'Crypto 2.0: Regulatory Whip,' where she argued that Coinbase's ...
According to reports, the U.S. Securities and Exchange Commission (SEC) officially announced the resignation of Commissioner Caroline Crenshaw, who is known for her anti-crypto stance. Previously, Crenshaw criticized the SEC's guidance on meme coins for lacking clear legal definitions. In February, she released a report titled 'Crypto 2.0: Regulatory Whip,' where she argued that Coinbase's enforcement actions damaged regulatory credibility and led to criticisms of deploying enforcement resources based on election cycles or in ways favorable to wealthy individuals. The SEC's duty is to do the right thing for investors, issuers, and the capital markets.