The U.S. Securities and Exchange Commission (SEC) has created a new senior advisory position to oversee securities regulation of the crypto sphere, according to a press release published today, June 4.
Ms. Valerie A. Szczepanik has been named Senior Advisor for Digital Assets, as well as Associate Director of the Division of Corporation Finance. She will be tasked with “coordinat[ing] efforts across all SEC Divisions and Offices regarding the application of U.S. securities laws to emerging digital asset technologies and innovations, including Initial Coin Offerings (ICOs) and cryptocurrencies.”