Possible next crypto czar, Jay Clayton, began crypto's regulation-by-enforcement at SEC
Source: CoinDesk ·
From the source
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation. Jay Clayton, the former U.S. Securities and Exchange Commission chairman has had a busy career since first tangling with the crypto industry more than a decade ago, and now the frequent appointee of President Donald Trump is reportedly on the verge of taking a job as the administration's artificial intelligence czar. That AI czar job seems to have a decidedly different remit than what David Sacks had when he served Trump as the combined crypto and AI czar. If Clayton gets the new job, it'll focus on the administration's AI Force to oversee the rapidly growing domestic industry. However, it's unclear what the task might entail as the president counters those who have sounded alarms over the safety issues posed by increasingly sophisticated machine intelligence. The job doesn't seem to have crypto on its agenda, though the two…