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SEC says it's struggling to hire crypto experts even as it regulates the industry
The U.S. Securities and Exchange Commission (SEC), the top regulator overseeing markets and securities in America, is struggling to hire crypto experts to help police and crack down on the crypto industry. An October report underlined that the SEC has been unable to recruit crypto experts due to their unwillingness to sell crypto holdings at a low point in the market. According to the SEC’s inspector general, it’s “critical” to rely on such experts, given the lack of relevant digital asset expertise among SEC staff – particularly to address emerging problems in the nascent industry. The SEC declared that ... (full story)