Crypto industry fears “vehemently anti crypto” Caroline Crenshaw SEC vote

The US Senate Banking Committee will vote on Dec. 11 whether to renominate SEC Commissioner Caroline Crenshaw, a vocal crypto skeptic. Several industry executives have voiced frustration over the possibility of her reelection.

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 chief operating officer Emilie Choi