SEC’s Crypto Embrace Seems Like ‘Government Picking Winners and Losers’, Says Crenshaw

As the SEC barrels forward with its pro-crypto agenda under the second Donald Trump administration, the agency’s sole remaining Democratic commissioner has begun openly questioning whether the sector is now being actively promoted by the Commission to a disproportionate extent.

During the regulator’s fourth crypto-focused roundtable since March, which today focused on moving traditional Wall Street securities onto blockchain networks, SEC Commissioner Caroline Crenshaw interrogated whether the premise of hosting traditional finance firms at the agency’s headquarters, to discuss how they should adopt blockchain technology, may constitute overstepping.

In recent months, former Democratic SEC appointees have begun openly questioning…

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