The acting president of the Securities and Exchange American Commission (SEC), Mark Uyeda, unveiled on Tuesday a list of the newly appointed executive staff of the agency, including three members of the working group on the crypto.
Two of the people named by the working group come from the ranks of the dry. Richard Gabbert, who was previously a lawyer of the chief commissioner of the friendly working groups, Hester Pierce, will be his chief of staff, as well as a main adviser from Uyeda. Taylor Asher, who was previously a main political advisor to Uyeda, will be the chief political advisor of the working group.
The other named appointed – Landon Zinda, who will be a lawyer for Uyeda and a main working group’s advisor – was previously political director of Crypto Think Tank Coin Center. Before his work for Coin Center, Zinda worked for two members of the convivial congress, senator Pat Toomey (R-P-P.) And the representative Tom Emmer (R-minn.).
The SEC announced the training of the new working group on crypto last month, only one day after former president Gary Gensler resigned. The working group will focus on “the development of a complete and clear regulatory framework for cryptographic assets” and will work closely with Congress and Cryptographic Industry, as well as the Sister Regulation of the Futures Futures Trading Commission (CFTC), according to the press release announcing its training
The training of the crypto working group intervenes while the agency reveals its approach to the regulation of cryptography, moving away from the practice of the so-called regulation by the application which has become a standard practice under the Former President Gensler.
“To date, the SEC is mainly based on implementing measures to regulate retroactive and reactive crypto, often adopting new legal interpretations not tested along the way,” said the dry in a press release . “The clarity of who must register and practical solutions for those who seek to register have been elusive. The result was a confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud. The dry can do better.
