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SEC Commissioner Caroline Crenshaw officially departed the agency on January 2 after more than a decade of total service and over five years as Commissioner.
Her exit leaves the SEC with an all-Republican commission for the first time in years.
Crenshaw, a crypto skeptic, was a dissenter on the spot Bitcoin ETF approvals in January 2024 and frequently voted against crypto ETFs.
Coinbase CEO Brian Armstrong had called for Crenshaw to be “voted out” in Dec. 2024.
The SEC now operates with only three commissioners instead of its full five-member capacity.
In this the end of the bear and the start of the bull market?