Re-nomination of Anti-Crypto SEC Commissioner Canceled

There is a conflict in the U.S. Congress regarding Caroline Crenshaw, a Securities and Exchange Commission (SEC) commissioner known for her somewhat skeptical stance on cryptocurrencies.

According to Bloomberg on the 11th (local time), Sherrod Brown, Chairman of the Senate Banking Committee, postponed the vote on Caroline Crenshaw's re-nomination, initially scheduled for the morning, to the afternoon. However, the vote was completely canceled as Republican members did not accept Brown's request.

Crenshaw has not yet responded.

Crenshaw is considered a close associate of SEC Chairman Gary Gensler and is classified as an opponent of cryptocurrencies, having voted against the Bitcoin (BTC) spot Exchange-Traded Fund (ETF) during its review.