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US Senate Cancels Renomination of SEC Commissioner Caroline Crenshaw
- The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination.
- Crenshaw's departure comes amidst significant criticism from the cryptocurrency industry.
- Crypto industry players and Republicans opposed Crenshaw's renomination.
- President-elect Donald Trump plans to appoint a pro-crypto SEC commissioner.
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