CandleFocus Crypto advocacy groups target SEC’s Crenshaw in new Ad campaign
2024-12-10
Author: Content Editor
Crypto advocacy groups have launched targeted campaigns against the renomination of Caroline Crenshaw to the SEC. CEDAR Innovation Foundation is leading an online social media onslaught, while Blockchain Association and DeFi Education Fund are writing to the Senate Committee on Banking, Housing, and Urban Affairs. Crenshaw is accused of being anti-crypto, and her nomination is seen as a threat to the cryptocurrency industry. The groups claim that she has operated with impunity and overlooked the court's position on approving a spot Bitcoin ETP. They argue that her character does not align with the SEC's mission or the needs of American investors. They urge the Senate to reject her nomination and embrace the growth potential of digital assets, as other countries have done.
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