SEC Appoints First Ever Cryptocurrency Chief

Valerie Szczepanik has been appointed as the new head of the SEC’s cryptocurrency task force. The news is not altogether surprising given that she has been heavily involved in the ICO industry, last year advising them to put investors first if they wanted the industry to flourish. She has prior knowledge of securities law and is already leading the SEC’s distributed ledger technology group, which she is now leaving for her new role. She will report to division director Bill Hinman.
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