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The SEC’s sole Democratic commissioner, Caroline Crenshaw, claims the regulator\u2019s \u201cabout-face\u201d on crypto undermines the agency\u2019s credibility.<\/p>\n
The US Securities and Exchange Commission\u2019s sole Democratic Commissioner has said the agency is \u201cplaying a game<\/a> of regulatory Jenga\u201d with its app<\/a>roach to the crypto industry and market regulation under the Trump administration. <\/p>\n In May 19 remarks<\/a> at the SEC Speaks event, Commissioner Caroline Crenshaw cautioned against what she described as a dangerous dismantling of \u201cdiscrete but interrelated rules\u201d on crypto and the wider market.<\/p>\n She likened market stability to a \u201cJenga tower\u201d that the agency\u2019s rules had \u201ccarefully developed over the years,\u201d which could topple if some rules were removed.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n