- Former Chainlink Labs deputy basic counsel Taylor Lindman has joined the SEC as chief counsel for its crypto process drive.
- Lindman succeeds Michael Selig, who left the place to chair the CFTC as each businesses transfer towards a coordinated regulatory strategy.
- Appointed below Commissioner Hester Peirce, Lindman is predicted to leverage his 5 years of expertise in oracle networks and good contracts to modernize U.S. digital asset oversight.
Former Chainlink Labs deputy basic counsel Taylor Lindman joined the US Securities and Exchange Commission (SEC) on Monday. Lindman will function the chief counsel for the company’s crypto process drive, succeeding Michael Selig.
Lindman spent over 5 years at Chainlink (LINK) in numerous senior authorized roles. His expertise contains working with oracle networks and good contract information infrastructure inside the institutional finance sector, with a robust deal with specialised technical and authorized areas.
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Lindman’s Skilled Background
The SEC established the crypto task force final 12 months following the departure of former Chair Gary Gensler. This shift occurred amid broader coverage modifications below the Trump administration. Beneath earlier management, the company centered on registration enforcement and the classification of most cryptocurrencies as securities.
Since its creation, the duty drive has held roundtable discussions to deal with trade regulation. These classes deal with areas comparable to tokenisation and decentralised finance.
SEC Commissioner Hester Peirce, who leads the duty drive, introduced Lindman’s arrival on X and said that she expects vital progress from the brand new chief counsel.
Chainlink additionally commented on the transfer, stating the corporate seems ahead to the modernisation and development of the US monetary system.
All of us sit up for modernising the U.S. monetary system collectively, taking it to the following stage of its improvement and fast development.
As a aspect be aware, Selig additionally just lately left the place to grow to be the chair of the Commodity Futures Buying and selling Fee (CFTC). Curiously, the SEC and the CFTC at the moment are becoming a member of efforts to develop a coordinated strategy to digital asset oversight, as Crypto Information Australia reported.
Learn extra: CLARITY Act Likely To Be Signed Into Law Before The End of April: Ripple CEO
The put up Chainlink Legal Veteran Takes the Helm of SEC’s Crypto Task Force appeared first on Crypto News Australia.