【Former SEC official John Reed Stark opposes regulatory reform at the cryptocurrency roundtable】
#派币 @paibi 😍 MetaEra reports, March 22 (UTC+8), the U.S. Securities and Exchange Commission (SEC) held its first roundtable on the cryptocurrency industry. At the meeting, former SEC Office of Internet Enforcement Director John Reed Stark strongly opposed modifying existing securities regulations to accommodate digital assets. He emphasized that the Securities Acts of 1933 and 1934 do not need to be changed for cryptocurrencies and that digital assets should be considered securities. He believes that purchasing cryptocurrencies is an investment rather than a collection. Stark pointed out that although cryptocurrency companies employ top law firms to delay enforcement, they lose most of the time, and compared to traditional technological innovations, he has not seen any real innovation in digital assets. As a critic of the cryptocurrency industry, Stark supports former SEC Chair Gensler's 'enforcement-based regulation', insisting that cryptocurrency companies should comply with current laws rather than seek legal compromises.