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
Warren sharply criticizes Trump's associated crypto company's bank license application, World Liberty Financial faces a compliance storm
U.S. Senator Elizabeth Warren has called for a halt to World Liberty Financial's banking license application due to potential conflicts of interest with Trump. OCC Director responded that the application will be evaluated according to standard procedures. This controversy highlights the close relationship between cryptocurrency bank license approvals and political factors, while WLFI plans to launch a foreign exchange platform. If granted a license, it would benefit their position in the crypto market.
GateNews27m ago
UK Financial Conduct Authority Selects 4 Firms for Stablecoin Sandbox
The UK Financial Conduct Authority has chosen four companies to test stablecoin services under proposed regulations. The sandbox program will inform final UK stablecoin rules expected later in 2026.
Revolut Among FCA Stablecoin Trial Participants
The Financial Conduct Authority has selected four
Coinpedia30m ago
Elizabeth Warren urges OCC Director to reject or suspend review of World Liberty Financial Trust Bank license
Senator Elizabeth Warren of the United States requested a pause on the bank license review of World Liberty Financial during a hearing, accusing it of conflicts of interest related to Trump's finances. OCC Director Jonathan Gould did not respond explicitly.
TechubNews2h ago
Revolut selected for FCA stablecoin sandbox, GBP token plan may be announced before July
The UK Financial Conduct Authority (FCA) has selected four institutions, including Revolut, to participate in the stablecoin sandbox, which will launch in 2026. This testing will help ensure the credibility of stablecoins in payments and transactions. Revolut is focused on the GBP stablecoin, aiming to strengthen its position in the UK market. Traditional banks, due to policy restrictions, have less motivation to enter the stablecoin market. This sandbox provides empirical data to inform the development of final regulatory rules.
MarketWhisper2h ago
Senator Warren debates with the head of the US OCC over WLFI-related crypto bank applications
Senator Warren called the UAE advisor's investments before Trump's inauguration a major corruption scandal and urged rejection of the related application. Gould stated that it would be handled routinely, rebutting that the political pressure comes from Warren. 41 Democratic House members warned that approval could impact the legitimacy of the U.S. banking system.
GateNews2h ago
Concerns over bank deposit outflows intensify, U.S. Senators restart debate on stablecoin yield regulation
The U.S. Senate Banking Committee held a hearing on stablecoin yields to discuss the impact of the GENIUS Act. The bill prohibits stablecoin issuers from paying interest but does not restrict platform rewards, raising concerns about potential bank deposit outflows. Banking industry representatives pointed out the potential risk of deposit outflows, while supporters argued that there is no substantial evidence. Regulatory agencies emphasized that there have been no signs of large-scale deposit outflows at present and plan to enhance regulation of digital assets.
MarketWhisper4h ago