Utilize the full power of the Metaverse, which will provide you with daily benefits and rewards I'm going in!

SEC President has a new Senior Crypto Advisor

3 min reading

NEW SEC PRESIDENT WAS APPOINTED AS THE SENIOR CRYPTO ADVISOR TO TAKE THE BUSINESS FORWARD.

Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), has added a new employee to advise on cryptocurrency development and cross-agency work.

In a statement Thursday, the SEC announced that Corey Freyer will join Gensler's senior staff as the agency's chief advisor to cryptocurrency oversight. Freyer served as an expert on the Senate Banking Committee and as senior policy adviser to the House of Representatives Financial Services Committee with Representatives Maxine Waters and Brad Miller.

Freyer's appointment as SEC chair coincided with the appointments of Philip Hevenstein, Jennifer Songer and Jorge Tereniro as operational adviser, investment management adviser, and law enforcement officer, respectively. Gensler cited "valuable advice from new recruits regarding government policy, law enforcement, and operations" when they were appointed to the team.

The SEC, the Commodity Futures Trading Commission, and the Financial Crimes Network are involved in regulating digital assets in the United States, but each has different legal claims, resulting in the approach crypto companies must use to operate legally. Following U.S. Senate confirmation in April, Gensler is expected to serve as SEC chairman until 2026.

Frayer's appointment to his staff could potentially impact Gensler's public position on crypto policy changes. The SEC chairman may be one of the most knowledgeable people on crypto and blockchain technology to have held his position but has raised concerns about exchange-traded funds being exposed to cryptocurrencies such as Bitcoin (BTC). He has long called for crypto projects to be registered with the SEC, specifically requiring them to “sign in” and work with regulators.

The SEC's leadership is expected to change in 2022 following the resignation of Commissioner Elad Roisman in January and Commissioner Alison Lee's term due to end in June. This gives President Joe Biden the ability to choose financial experts who can have a significant impact on cryptocurrency policy.



Currency Exchange rate Buy cryptocurrency

Utilize the full power of the Metaverse,
which will provide you with daily benefits and rewards

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Ommyo.Net (www.ommyo.net). Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the ommyo.news/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Ommyo.Net c/o Fintech Labs Global Solutions, Unit 303, Ile Du Port, Mahe, Seychelles

The full document to read the ommyo privacy policy is available in this document.

Advanced settings can be changed in your browser.