February 24 News: The U.S. Securities and Exchange Commission (SEC) Cryptocurrency Working Group has announced an important personnel change. Chainlink Deputy General Counsel Taylor Lindman has officially joined the group as Chief Legal Officer, replacing Michael Selig. This appointment is seen by the market as a significant signal of further professionalization of the U.S. digital asset regulatory system.
On February 23, Chainlink confirmed Lindman’s departure on its official X platform and expressed gratitude for his legal and compliance contributions over the past five years. Public information shows that during his tenure, Lindman was mainly responsible for regulatory compliance in U.S. and international jurisdictions, and he has long been involved in key issues such as token classification, legal frameworks for smart contracts, and standards for digital asset recordkeeping. He has also frequently communicated and coordinated with policymakers.
Notably, as early as March last year, Lindman served as the primary liaison between Chainlink and the SEC during cryptocurrency regulatory meetings, focusing on token attribute definitions and compliance record requirements, demonstrating his deep experience in crypto compliance and blockchain regulatory policy.
This personnel change also involves Michael Selig, who has now become Chairman of the U.S. Commodity Futures Trading Commission (CFTC), further highlighting the talent movement and policy coordination trend among U.S. regulators in the digital asset field. Meanwhile, former Coin Center Policy Director Landon Zinda continues to serve as Senior Advisor, and Veronica Reynolds is participating as a digital asset legal expert.
The Cryptocurrency Working Group was established in January 2025, led by SEC Commissioner Hester Peirce. Its core goal is to develop a clearer regulatory framework for digital assets, promote token compliance, establish legal standards for blockchain, and systematize Web3 regulation policies. Since its inception, the group has held multiple roundtable discussions with industry organizations, aiming to shift from an “enforcement-first” approach to a more forward-looking regulatory path.
With industry-background legal experts joining, the pace of development in U.S. crypto regulation, digital asset classification standards, and smart contract compliance rules is expected to accelerate in 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Stablecoins are not insured by FDIC! The GENIUS Act clarifies the boundaries of bank deposits
FDIC Chairman Travis Hill in the summit stated that under the GENIUS Act, stablecoins are not protected by government deposit insurance and are classified as independent assets separate from bank deposits. Stablecoins rely on the reserves of the issuer rather than federal insurance. Additionally, tokenized deposits still enjoy FDIC protection as they are inherently considered bank liabilities. This policy has raised concerns within the banking industry that stablecoins might divert deposits.
MarketWhisper28m ago
Gate Daily (March 12): Wells Fargo submits WFUSD application; Ledger reveals MediaTek chip leak of recovery phrases
Bitcoin temporarily reports $69,980, driven by CPI data. Wells Fargo applies for WFUSD trademark to explore crypto business, Ledger reveals MediaTek chip vulnerability. U.S. stocks mostly close lower as markets focus on Middle East tensions. Investor sentiment remains stable, with overall performance flat.
MarketWhisper48m ago
Paraguay issues Resolution No. 47/26 requiring platforms to provide detailed reports on cryptocurrency transaction information
Gate News Update: On March 12, the Paraguay National Tax Service issued Resolution No. 47/26 to strengthen tax regulation on Bitcoin and cryptocurrencies. The new regulation requires crypto platforms and administrators to report detailed information on each user transaction, including wallet addresses, networks used, and transaction hashes. The scope of regulation covers cryptocurrency donations, inheritances, and NFT transactions exceeding $5,000 annually. This measure aims to incorporate digital assets into Paraguay's national tax system while complying with the Financial Action Task Force (FATF) anti-money laundering recommendations.
GateNews49m ago
SEC and CFTC sign memorandum to end the battle over cryptocurrency regulation dominance
The U.S. SEC and CFTC have signed a Memorandum of Understanding to establish a regulatory coordination mechanism in the fields of cryptocurrency and related areas, aiming to address issues of unclear traditional jurisdiction. The memorandum emphasizes a "minimum effective regulation" strategy, intended to reduce intervention in market participants, promote market innovation, and provide a clearer compliance framework to enhance the United States' financial competitiveness.
MarketWhisper1h ago
Bank of England hints at easing stablecoin holding limits in response to industry technical implementation challenges
Deputy Governor of the Bank of England Sarah Breeden stated that regulators may adjust their strict stance on the cap for stablecoin holdings in response to opposition from the digital asset industry. She acknowledged that implementing the cap faces technical difficulties and is reviewing feedback, with plans to finalize regulations by the end of the year.
GateNews2h ago
Insider: HSBC, Standard Chartered, and OSL will receive Hong Kong's first stablecoin licenses
Gate News Report, March 12 — Sources reveal that HSBC, Standard Chartered, and Hong Kong-based virtual asset trading platform OSL will be among the first institutions to receive a Hong Kong stablecoin license. The report states that the list may be announced as early as next week, but nothing has been finalized yet, and changes are still possible. The Hong Kong Monetary Authority responded by saying they do not comment on market rumors.
GateNews2h ago