The Blockchain Association urges the US SEC to adopt a flexible approach to cryptocurrency regulation

Odaily Planet Daily News: The Blockchain Association is calling on the US Securities and Exchange Commission (SEC) to adopt a flexible and progressive approach to cryptocurrency regulation under the new leadership. The association stated that with the rapid development of blockchain technology, the SEC should avoid formulating restrictive policies to prevent hindering technological innovation and the expansion of application scenarios. The association emphasizes that overly strict regulation may weaken the competitiveness of the United States in the global blockchain industry. Previously, the SEC's regulatory enforcement of the cryptocurrency industry has sparked widespread controversy, including lawsuits against multiple cryptocurrency companies. The Blockchain Association suggests that the SEC develop a regulatory framework that adapts to technological evolution through open dialogue and industry collaboration, in order to balance innovation and compliance. （Cointelegraph）