TechFlow, April 23 — According to Cointelegraph, former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has been appointed as the interim U.S. Attorney for the Southern District of New York, succeeding Damian Williams, who played a key role in several high-profile cryptocurrency cases. The appointment is temporary, as Democratic Senate leader Chuck Schumer used a "blue slip" to block Clayton's confirmation vote. Clayton can serve as interim attorney for up to 120 days without Senate confirmation, with his term lasting until around August 20. Notably, Clayton has described himself as a "strong believer in crypto technology" and stated that Bitcoin is an important store of value.
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