The meeting log of the US SEC Encryption Working Group was updated this week, and for the first time, crypto "critics" participated
Fox Business correspondent Eleanor Terrett posted that the Securities Exchange Commission (SEC) Crypto Working Group meeting log update this week showed the participation of crypto "critics" for the first time. According to the memo, Benjamin Schiffrin, director of securities policy at the nonprofit Better Markets, attended the meeting. The meeting discussed how to deal with issues related to crypto asset regulation and the need to prevent fraud in the crypto space.
It is worth noting that this is the first time the SEC's crypto working group has met with crypto "critics". Better Markets has been critical of cryptocurrencies as high risk and regulatory loopholes. The meeting did not disclose the specific content of the meeting, but the memo shows that the SEC is actively exploring the regulatory framework for cryptoassets and emphasizing the importance of combating fraud.