Former SEC Chairman Jay Clayton appointed as Acting U.S. Attorney for the Southern District of New York

ChainCatcher news, according to Cointelegraph, former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has been appointed as the Acting U.S. Attorney for the Southern District of New York, replacing Damian Williams, who played a significant role in several high-profile cryptocurrency cases. This appointment is temporary, as Democratic Senate Leader Chuck Schumer used a "blue slip" to block a confirmation vote for Clayton. Clayton can serve as Acting Attorney General for up to 120 days without Senate confirmation, with his term lasting until around August 20.

It is worth noting that Clayton has stated he is a "strong believer in crypto technology" and referred to Bitcoin as an important store of value.