Crypto industry fears ‘vehemently anti crypto’ Caroline Crenshaw SEC vote
SEC commissioner Caroline Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, is up for renomination, and the crypto industry fears her re-election.
The United States Senate Banking Committee will vote on Dec. 11 whether to renominate Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have voiced frustration over the possibility of her re-election.
Crenshaw was one of two SEC commissioners to vote against the approval of spot Bitcoin (BTC) exchange-traded funds (ETF) in January.
“Caroline Crenshaw is anti-crypto. She even embarrassingly opposed Bitcoin ETFs. The SEC has to change,” crypto exchange Coinbase president and COO Emilie Choi said in a Dec. 7 X post.
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Author: Ciaran Lyons
