The listing slid quietly into the public last Thursday, but the new “Senior Officer-National Unit Chief (Crypto Asset & Cyber Unit)” role at the Securities and Exchange Commission could have huge ramifications in determining the future of cryptocurrency, NFTs and blockchain technology in the United States.
This role may replace Kristina Littman who the Wall Street Journal reports is leaving her leadership role in enforcement at the SEC in June.
The ad for the new role came in advance of yesterday’s SEC announcement by Chairman Gary Gensler that the enforcement division of the “Crypto Asset & Cyber Unit” (was “Cyber Unit”) will add 20 positions “for protecting investors in crypto markets and from cyber-related threats.” This will bring the unit to 50 positions according to the SEC release.
Influential responsibilities in the Unit Chief job listing include:
Continue reading “For Crypto, The Next New SEC Hire May Be More Important Than Chair Gensler”