Regulatory action! The United States will hold multiple crypto hearings in September. Will the SEC target DeFi next?
The United States has made a big move in financial regulation. SEC Chairman Gary Gensler will speak at the September hearing, focusing on DeFi, digital asset regulation and crypto scams.
On September 10, the first hearing will focus on the review of DeFi. Regulators are increasingly concerned about DeFi, and proposed rules from federal agencies such as the SEC and the IRS may have a significant impact on DeFi projects.
On September 18, there will be two hearings, focusing on the SEC's enforcement actions and the "pig killing" scam in the cryptocurrency field.
The full committee hearing on September 23 is expected to have the most far-reaching impact on cryptocurrencies, and the SEC's testimony will be the focus.
In addition, the FIT21 bill passed by the House of Representatives in May aims to establish a new legal framework for digital currencies. The bill will make the SEC and CFTC jointly assume regulatory responsibilities for cryptocurrencies. The SEC has expressed opposition to this, fearing that its regulatory power over digital assets will be weakened.
From Binance to Coinbase, and then to the NFT platform OpenSea, the SEC's regulatory network has quietly spread. Cryptocurrency world, are you ready for this storm?
