SEC’s crypto embrace seems like ‘government picking winners and losers’, says Crenshaw

SEC Commissioner Caroline Crenshaw expressed concerns about the SEC favoring blockchain technology over other innovations during a recent crypto roundtable, suggesting this could undermine consumer protections in traditional markets.

While SEC Chairman Paul Atkins highlighted blockchain’s transformative potential, Crenshaw warned against rapid adoption, questioning whether it could adequately handle real-time stock trades without failing, referencing the current benefits of traditional settlement delays.

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