The Securities and Exchange Commission (SEC) Crypto Task Force has selected a new Chief Counsel, Taylor Lindman.
Lindman takes over from Chris Selig, who recently became the Chairman of the Commodity Futures Trading Commission (CFTC).
Lindman previously worked at Chainlink Labs and, prior to that, at several top law firms, including Debevoise & Plimpton and Perkins Coie. Chainlink Labs aims to bridge the gap between on-chain smart contracts and off-chain data, amongst other services.
Lindman steps in at a key moment as the SEC navigates the challenging questions and issues surrounding the regulation of digital assets. Everyone knows that digital assets are the future of financial services, yet nuances and differences between the analog past and the Fintech future raise new questions.
Issues like DeFi and programmability go beyond traditional securities. At the same time, the US is poised to lead the world in developing a regulatory regime that will set the standard and the pace of innovation.
The Crypto Task Force collaborates with the Commission to provide clarity on the application of the federal securities laws to the crypto-sphere. The group seeks to encourage innovation while providing sufficient compliance rails to protect investors.