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SEC Chairman Jay Clayton: Cryptocurrencies Like Bitcoin Are Not SecuritiesSecurities and Exchange Commission (SEC) Chairmen of both parties, Jay Clayton and Gary Gensler, have asserted regulatory power over digital assets and. Former Securities and Exchange Commission Chairman Jay Clayton is joining Fireblocks, a $2 billion Israeli-based crypto custodian focused on. Statement from SEC Chairman Jay Clayton on Cryptocurrencies and Initial Coin Offerings. The cryptocurrency and ICO markets have grown rapidly.