According to ChainCatcher, the blockchain association calls for the U.S. Securities and Exchange Commission to adopt a flexible and incremental approach to crypto regulation under new leadership. The association points out that the SEC should avoid creating restrictive policies to prevent hindering technological innovation and the expansion of application scenarios.
The association emphasizes that overly strict regulation may undermine the competitiveness of the United States in the global blockchain industry. Previously, the SEC's regulatory enforcement in the crypto industry sparked controversy, including lawsuits against several crypto companies. The association suggests that the SEC establish a regulatory framework that adapts to technological evolution through open dialogue and collaboration with the industry, in order to balance innovation and compliance.