Jay Clayton Takes Helm as SDNY U.S. Attorney: Potential Crypto Regulation Shift

The appointment of Jay Clayton as interim U.S. Attorney for the Southern District of New York has sparked speculation about a potential shift in crypto regulation, particularly concerning its approach to the industry. Clayton’s less aggressive approach during his tenure at the SEC is seen by some as a sign that the SDNY could take a more lenient stance towards cryptocurrency businesses. This expectation has led to positive market reactions with Bitcoin and Ethereum prices increasing following his appointment.