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[U.S. SEC Commissioner Caroline Crenshaw Officially Resigns] The U.S. Securities and Exchange Commission has announced that Commissioner Caroline Crenshaw has officially resigned. Caroline Crenshaw was previously skeptical of cryptocurrencies and criticized the SEC's guidance on meme coins for lacking clear legal definitions. In February of this year, she published 'Crypto 2.0: Regulatory Whiplash,' arguing that enforcement actions against Coinbase harmed regulatory credibility, sparking controversy. The SEC stated that its duty is to do the right thing for investors, issuers, and capital markets.

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