SEC name is a veteran in the crypto industry as trade and market director.

The new director of the new trading markets division of the US Securities and Exchange Commission is from a cryptocurrency.

Wall Street top regulators on Friday appointed Jamie Selway as the new chief of the SEC division.

Selway previously worked for BlockChain.com. According to the LinkedIn page, he worked for Skew, a cryptographic analytics platform owned by Coinbase. He previously worked at Goldman Sachs. There he was an associate and Silver Train AI. His most recent role was Gradient, a financial services company that uses AI.

SEC Chair Paul S. Atkins said in a statement that Selway “contributes to decades of industry experience in this key role across market structure and multiple asset classes.”

Selway added, “For the benefit of our country’s investors, we will “foster the SEC mission and enable innovation.”

Decryption We were unable to reach Selway immediately due to comments. SEC did not respond immediately DecryptionQuestion.

In addition to Selway’s appointment, regulators said on Friday that Brian T. Daly will lead the investment management division. Daly, a former partner at Akin Gump Strauss Hauer & Feld LLP, has written papers and spoke about cryptography regulations.

The SEC under President Trump has taken a more friendly approach to regulating cryptography. I’m saying They want to promote innovation and eliminate the “disturbance” left behind by the previous administration.

President Trump campaigned on tickets to support the crypto industry and received financial support from business leaders in the field.

During the Biden administration, the SEC target Some of the most famous American digital asset brands filed the lawsuit, and their former chairman, Gary Gensler, repeated I said The majority of coins and tokens fall under the definition of security.

The regulator is currently working on the team with the Crypto Task Force and digital asset friendly staff. Almost all SEC lawsuits and investigations targeting crypto companies It’s discarded Since Trump took office.

edit Andrew Hayward