SEC Appoints Chainlink Veteran as Crypto Task Force Chief Counsel

The US Securities and Exchange Commission (SEC) has made a significant appointment in the world of cryptocurrency regulation. Taylor Lindman, a former deputy general counsel at Chainlink Labs, has been named the new Chief Counsel of the SEC's Crypto Task Force.

This move is seen as a shift towards more technical understanding of decentralized finance (DeFi) and oracles in regulation. The SEC aims to modernize rules for digital assets with this appointment.

Lindman takes over from Michael Selig, who recently moved to lead the Commodity Futures Trading Commission (CFTC). This change highlights the ongoing turf battles between crypto regulators as agency personnel shuffle between the SEC and CFTC while trying to define who controls which parts of the market.