SEC’s Crenshaw Criticizes Regulatory Approach to Crypto Market

US Securities and Exchange Commission Commissioner Caroline Crenshaw expressed concerns about the agency’s regulatory approach to the crypto industry, arguing that it is playing a ‘game of regulatory Jenga’ with rules on digital assets. In remarks at the SEC Speaks event, she highlighted the potential for instability within the market if certain regulations are removed, citing the potential damage to market stability like a ‘Jenga tower’ being dismantled.