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【Anti-Crypto SEC Commissioner Crenshaw Is Seeking Reappointment, And The Industry Remains Concerned About His Reappointment Prospects】 December 8Th. According To Cointelegraph, SEC Commissioner Caroline Crenshaw, Known For Her Opposition To Bitcoin ETF Spot, Is Seeking Reappointment, And The Crypto Industry Is Concerned About The Possibility Of Her Reappointment. The U.S. Senate Banking Committee Will Vote On December 11Th To Decide Whether To Reappoint SEC Commissioner Caroline Crenshaw.Crenshaw Has Publicly Opposed The Approval Of A Bitcoin ETF Spot Several Times. In Her Dissenting Statement In January 2024, She Pointed Out That The Bitcoin Spot Market Carries Fraud And Manipulation Risks, And Inadequate Investor Protection Is The Main Reason For Her Opposition. She Believes That These Products Do Not Meet The Regulatory Standards Of Traditional ETFs And May Potentially Harm Investors. While SEC Chairman Gary Gensler Is Known For His Strict Cryptocurrency Regulation, Crenshaw'S Stance Is Considered Even More Hardline Than Gensler'S. She Not Only Supports Gensler'S Policies But Also Demonstrates Greater Opposition On Certain Issues.The Cryptocurrency Industry Has Strongly Criticized Crenshaw'S Position, Believing That Her Policies Could Stifle Innovation And Hinder Industry Development. Emilie Choi, President And Coo Of Coinbase, Stated Yesterday That "The SEC Must Make A Change." Alexander Grieve, Vice President Of Government Affairs At Paradigm, Stated, "Senate Banking Chair Sherrod Brown Is Attempting To Forcefully Push Through The Reappointment Of Caroline Crenshaw." Bloomberg ETF Analyst James Seyffart Stated In An Article On December 7Th That Crenshaw Is Not Only An "Ally" Of SEC Chairman Gary Gensler But Is Also "Strongly Opposed To Cryptocurrency" More Than Gensler Himself.With The Recent Nomination Of Paul Atkins By Former President Donald Trump To Succeed Gary Gensler As The New SEC Chairman, A Shift Has Occurred Within The Crypto Industry, And Gary Gensler Will Step Down On January 20, 2025

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