SEC's Jamie Selway Discusses Crypto Market Structure at SIFMA Conference

According to Odaily, Jamie Selway, Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission (SEC), addressed the SIFMA Market Structure Conference, highlighting the paradox of decentralized crypto assets relying on a trust-based market structure for healthy trading. Selway emphasized that the SEC's 'Project Crypto' aims to establish clear regulatory guidelines to foster competition and innovation while preventing regulatory distortions that could affect fair market competition. He stressed the importance of fair treatment for both new and established market participants, asserting that the market itself is the ultimate arbiter of value.