《SEC's Big Move This Fall, the Crypto Industry Welcomes a 'Hearing' Spring!》
The U.S. Securities and Exchange Commission made a significant announcement yesterday, stating that this fall it will launch an unprecedented public engagement initiative for cryptocurrency, planning to hold roundtable discussions in ten cities across the country to hear directly from industry participants.
This is the first time the SEC has publicly stated that when formulating regulatory policies, it will heavily consider industry opinions, especially those from startups that have been established for less than two years. Their insights will also be valued.
SEC Commissioner Hester Peirce mentioned that this initiative aims to take into account the actual circumstances of the industry and the needs for innovation when developing regulatory policies, so as to avoid overly strict or lenient regulations.
Once the news broke, the community was abuzz. The crypto community is especially excited about the SEC's open attitude, and traditional financial institutions and crypto investment firms have also expressed their welcome.
For the entire industry, this shift by the SEC means that future regulations will be more transparent and certain, which is a fantastic opportunity for small innovative companies!
Market conditions change every day, try not to be too anxious. If you often feel like you're lagging behind or being disturbed by market noise, feel free to come and chat.
