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Former Blockchain Exec Joins SEC to Oversee Markets
- Former blockchain executive, Jamie Selway, appointed as Director of SEC's Division of Trading and Markets, starting June 17, 2025.
- Selway's experience in blockchain technology to regulate broker-dealers, stock exchanges, and market participants with a focus on balancing innovation and investor protection.
- Selway brings extensive market expertise from roles at Sophron Advisors, Blockchain.com, and BATS Global Markets, among others.
- SEC Chairman praised Selway's appointment, highlighting his broad asset class experience for improving markets and addressing emerging challenges in digital assets.
- SEC also appointed Brian T. Daly as Director of Division of Investment Management to modernize oversight, under new leadership prioritizing innovation and regulation.
- Selway's past roles at Blockchain.com and experience in complex regulatory environments position him well to address regulatory clarity on digital assets and market structure challenges at the SEC.
- Selway holds degrees in financial mathematics and European history, and his varied experience equips him to tackle divisional issues effectively.
- Appointments like Selway's come amidst SEC's staff reductions, aiming for team stability and strength in key oversight roles.
- Selway's vision emphasizes fair and orderly markets, his expertise in blockchain technology facilitates addressing regulatory loopholes in digital asset policies.
- Selway's appointment signals a shift towards crypto-friendly leadership at the SEC, potentially impacting market confidence, particularly in cryptocurrencies like Bitcoin and Ethereum.
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