SEC Chair Gary Gensler Hires Senate Banking Aide to Advise on Crypto Policy

SEC Chair Gary Gensler Hires Senate Banking Aide to Advise on Crypto Policy
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has hired a senior advisor specializing in cryptocurrency, according to a Thursday announcement.Corey Frayer, who spent a decade working as a senior advisor to members of Congress before becoming a senior staffer on the U.S. Senate Committee on Banking, Housing and Urban Affairs under committee chairman Sen. Sherrod Brown (D-Ohio), has been tapped for the role.Gensler’s appointment of a crypto-focused senior advisor is in line with his stated focus on establishing a regulatory framework for crypto, as well as a signal that the SEC could step up its efforts to regulate…