Jun 5, 2018

The SEC appoints its first digital currency chief

Illustration: Rebecca Zisser / Axios

The U.S. Securities and Exchange Commission has named Valerie A. Szczepanik as associate director of its division of corporation finance, and senior advisor on digital assets to the division's director, a new position. She will be tasked with coordinating the commission's efforts on digital currencies.

Why it matters: SEC commissioner Hester Peirce recently said she hopes further guidance will come from the commission's corporation finance division rather than its enforcement unit, which has been increasingly going after initial coin offering fraudsters.

Crypto-cred: Previously at the commission's cyber-crime unit, Szczepanik has been the head of the SEC's internal working group on distributed ledger technology, making her one of its top experts on the field. She has degrees in law and engineering.

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America's future looks a lot like Nevada

Illustration: Sarah Grillo/Axios

Today's Nevada caucus will foreshadow the future of American politics well beyond 2020.

Why it matters: The U.S. is in the midst of a demographic transformation, and the country's future looks a lot like Nevada's present. Today's results, in addition to shaping the 2020 race, will help tell us where politics is headed in a rapidly changing country.

Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 15 hours ago - Health