US securities regulator wants an expert crypto advisor ASAP

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The United States is the largest economy in the world, and many believe that once the country outlines some clear framework with regards to cryptocurrency regulation that it might be a catalyst for the crypto markets to turn bullish again. While the U.S. Securities and Exchange Commission (SEC) has not offered specific guidelines yet, they are apparently searching to hire a “crypto specialist attorney advisor” as soon as possible.

The new hire will certainly have their work cut out for them, as he or she would be responsible for maintaining “expert-level industry knowledge” of the markets at all times, according to the job listing on USAJobs. In addition, the individual would be expected to maintain communication with regulators all around the world, market participants, and the public in general.

For those who might be interested, the job certainly pays well. Specifically, the SEC position offers a salary of $144,850 to $238,787 to work full time. A two-year trial period is apparently required. Individuals who wish to apply must be holding one of two degrees, either a J.D. or Bachelor of Laws, and also be an active member of the Federal Bar Association, and “in good standing.” The salary is attractive when one considers that the average U.S. salary hovers somewhere around $56,000.

The applications for the position will be received up until April 12. For those who might be unaware, this isn’t the first time that the SEC has been interested in hiring someone knowledgeable about cryptocurrency.

Specifically, the SEC appointed Valerie Szczepanik as its “Senior Advisor for Digital Assets and Innovation” in July 2018. As a result, Szczepanik was dubbed the world’s first “crypto czar” and other nicknames by cryptocurrency proponents all around the world. However, Szczepanik was not new to the SEC, as she had been working for the agency since 1997.