After his term as president, Clayton continued to be an influential figure in the crypto world and provided consultancy services to many crypto companies.

Since leaving the SEC in December 2020, Clayton has remained closely involved with developments in the industry. Under Clayton’s management, the SEC took important steps regarding regulations regarding the cryptocurrency world and signed some critical cases.

During Clayton’s tenure, the SEC issued major reports on the regulation of digital assets and, in a landmark moment, issued statements emphasizing that most ICOs should be considered securities.

This view was consistent with the views of Clayton’s successor, current SEC Chairman Gary Gensler. Clayton had a clear stance on drawing the boundaries between securities regulations and crypto assets.

With the increasing interest in cryptocurrencies after 2016, Clayton took important steps towards eliminating many uncertainties in this area, arguing that cryptocurrencies should be regulated.

One of Clayton’s most well-known decisions was his approval of the lawsuit against Ripple Labs. This case was an important turning point among the lawsuits filed against the trading of XRP that occurred after the Bitfinex hack.

Ripple Labs has long resisted the SEC’s decision to classify XRP as a security, and the case is still ongoing in US courts.

However, in 2022, a judge ruled that Ripple Labs’ offering of XRP to retail investors was not against federal securities laws, and the case was moved to the appeal stage.

During Trump’s presidency, Clayton was appointed as attorney general in 2019 and signed many important cases during this period. After the 2020 elections, Trump nominated Clayton as the US Attorney for the Southern District of New York.

This appointment was made largely based on Clayton’s past experience and success in public service.

Prior to his appointment as SEC chairman, Clayton had extensive experience in financial regulation and corporate governance, and he aimed to bring this experience to the legal system in New York as attorney general.

After ending his tenure at the SEC, Clayton joined the law firm of Sullivan & Cromwell, where he continued to work on policies for the regulation of cryptocurrencies.

Additionally, during this period, he started to provide more consultancy services on digital assets and blockchain technologies.

Clayton also advises many international companies and financial institutions on regulatory compliance and securities law.

In his statements after his election victory, Trump announced that he planned to re-nominate Clayton for cabinet membership and other administrative positions.

In the coming period, Clayton is expected to return to public office and it seems likely that he will take further reform and regulatory steps in the process.

His views on the crypto sector and its regulatory stance are likely to play a decisive role in shaping future financial policies.