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Pro-Crypto Commissioner Elad Roisman Named New SEC Chairman

A day after the former chairman of the United States Securities and Exchange Commission, Jay Clayton, stepped down, the watchdog has its new chief in the face of Elad Roisman.

Hester Peirce, an SEC Commissioner who’s well-known within the cryptocurrency community for her stance on a potential Bitcoin ETF, broke the news that the Commission has a new Chairman.
According to Peirce’s tweet, taking up the position would be Elad Roisman.


Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.
— Hester Peirce (@HesterPeirce) December 24, 2020


Roisman was sworn in as a Commissioner back on September 12th, 2008.
The news got the community excited because of some of his remarks regarding digital assets and “initial coin offerings and blockchain” in particular. Back then, he said:

It is essential that the SEC approach these new challenges in a fair and transparent manner, provide clarity and certainty to the markets and investors, and enforce the laws and regulations that hold market participants accountable.

In any case, the years under his term would most definitely be exciting to watch, especially in regards to a potential Bitcoin ETF approval. This is especially interesting now that many institutional investors have already jumped on the bandwagon.

Featured image courtesy of Business Insider

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