SEC's "Anti-Crypto" Commissioner Caroline Crenshaw Departs

Odaily News The U.S. Securities and Exchange Commission (SEC) officially announced that Commissioner Caroline Crenshaw has formally left her position. It is reported that Caroline Crenshaw is a crypto skeptic. She previously stated that the SEC's guidance on meme coins did not provide a clear legal definition. However, in February of this year, she published "Crypto 2.0: The Regulatory Whip," arguing that the enforcement action against Coinbase damaged regulatory credibility, creating a misconception that enforcement resources are deployed based on election cycles or to benefit the wealthy, which drew criticism. The SEC's duty is to do the right thing for investors, issuers, and the capital markets.