The pro-bitcoin regulator will replace SEC Chairman Jay Clayton. For the cryptocurrency industry, Christmas is one day ahead. Jay Clayton ended his role as the Securities and Exchange Commission During the term of the (SEC) chairman, the focus on cryptocurrencies is high and a major lawsuit has been filed against Ripple. Now, US Securities and Exchange Commission Commissioner Elad Roisman (Elad Roisman), a former cryptocurrency regulator, will fill the vacant position. Elad Roisman serves as the head of the SEC. Jay Clayton He has served as the chairman of the US Securities and Exchange Commission since May 2017. This is his last day in the US Securities and Exchange Commission (SEC) this week.
In his last public statement, He thanked his subordinates for their services and gave positive comments. The SEC's lawsuit against Ripple on the last day of taking office fully explains Clayton’s focus on cryptocurrency. Since the takeover, the SEC has eliminated the crypto market ICO boom, and confirmed that Bitcoin and Ethereum are not securities. Nevertheless, he will also be remembered as the chairman of the Bitcoin ETF that has never been approved. Now, the new chairman has the opportunity to change this situation. President Trump has two options, Hester Pierce and Elad Roysman, Take up the position of the new chairman. Both candidates are beneficial to cryptocurrency investors. Pierce was one of the first regulators to oppose the U.S. Securities and Exchange Commission's rejection of Bitcoin ETFs. Elad Roisman (Elad Roisman) in 2018 Joined the United States Securities and Exchange Commission (SEC) as a commissioner in September.
In July of the same year, Roysman proposed a review and re-examination Committee on "new investment and new technology (such as initial token issuance and issuance) rules, regulations and guidelines. Blockchain." The cryptocurrency industry can expect The committee brings more clarity and cooperation, and hopes that Bitcoin ETFs will also reappear..