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SEC Chairman Jay Clayton: Cryptocurrencies Like Bitcoin Are Not SecuritiesFormer SEC Chairman Jay Clayton has reiterated his position that many cryptocurrencies could be defined as securities. Clayton will be one of three advisers to One River founder and Chief Executive Officer Eric Peters. The other two are Kevin Hassett, who served as chairman of. While Clayton said blockchain could spur innovation, he also supported the SEC's recent crackdown on securities offerings by crypto firms.
