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‘I'm a huge believer in crypto technology,’ says former US SEC chair
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Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by ex-President Donald Trump to serve in 2017.
In his tenure as head of the SEC, Clayton often defended Bitcoin (BTC) as a store of value. This past Wednesday, during an interview with CNBC's Squawk Box show, Jay shared his thoughts on cryptocurrency and how it should be regulated going forward.
The former SEC chair said that he is a “huge believer in crypto technology” and that its efficiency advantages in the financial system and tokenization are enormous.
"I am a huge believer in this technology," says Jay Clayton on #crypto. "The efficiency benefits in the financial system and otherwise from tokenization are immense."
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