According to ChainCatcher, the Blockchain Association calls for the U.S. Securities and Exchange Commission to adopt a flexible and gradual approach to crypto regulation under new leadership. The association points out that the SEC should avoid establishing restrictive policies to prevent hindering technological innovation and the expansion of application scenarios.
The association emphasizes that overly strict regulation could weaken the United States' competitiveness in the global blockchain industry. Previously, the SEC's regulatory enforcement in the crypto industry sparked controversy, including lawsuits against several crypto firms. 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.