The SEC has appointed Jamie Selway as the new director of its trading and markets division. Selway, a seasoned expert in the crypto industry, has held positions at Blockchain.com and Skew, a crypto analytics platform acquired by Coinbase. He also has experience at Goldman Sachs and Gradient, a financial services firm utilizing AI. SEC Chairman Paul S. Atkins highlighted Selway's extensive experience in market structure and various asset classes. Selway expressed his commitment to furthering the SEC's mission while promoting innovation beneficial to investors. The SEC, under President Trump, has shifted to a more crypto-friendly regulatory approach, contrasting with previous actions during the Biden administration. Alongside Selway's appointment, the SEC announced Brian T. Daly as the head of investment management, also emphasizing the agency's new direction towards crypto regulation. The SEC aims to clarify regulations to support innovation in the sector, moving away from the aggressive legal stance that previously targeted major digital asset brands.

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