Corey Frayer’s appointment was announced by the SEC on Thursda | PUMPmaps 🚀 Crypto Signals & Investment 📈
Corey Frayer’s appointment was announced by the SEC on Thursday with claims he’ll be assuming the position of a senior adviser on the agency’s crypto oversight.
By appointing Frayer, Gensler’s longstanding public position on crypto policy could potentially change. Recall that the SEC chair has always expressed concerns about exchange-traded funds ETFs with exposure to cryptocurrencies like Bitcoin (BTC).
Since his April confirmation by the U.S. Senate, Gensler has been urging all crypto projects to register with the SEC. And while there have been concerns raised about regulations having no clarity, Gensler will likely continue to serve as chair of the SEC until 2026.
But with Frayer’s appointment, there may finally be some hope particularly regarding Bitcoin-traded ETFs that seems to have hit a wall for a long time now.
