In the United States, the Securities and Exchange Commission (SEC) announced several senior appointments on Friday, June 13th, 2025, indicating a more favorable stance toward digital assets under Chairman Paul Atkins. This move is seen as a significant shift in the agency's approach to cryptocurrencies.
Jamie Selway will become the Director of the Division of Trading and Markets, effective June 17th. Selway's experience includes advising financial technology companies and a brief stint at Blockchain as global head of institutional markets from 2018 to 2019. He expressed enthusiasm for the new direction under Chairman Atkins.
Brian T. Daly will take over as Director of the Division of Investment Management on July 8th. Daly's expertise includes digital assets, cryptocurrency, and blockchain. He previously commented on the SEC's reversal of SAB 121, a guidance that restricted banks' involvement in crypto custody.
Also on Friday, the SEC announced Erik Hotmire will return as chief external affairs officer, while Kurt Hohl has been named chief accountant. This follows Chairman Atkins' promise of a friendlier approach to digital assets since taking over in April.