SEC Commissioner: The SEC needs to consider proposing rules to regulate

Kitu11

SEC Commissioner Mark Uyeda stated that the SEC needs to consider proposing rules or guidance to regulate cryptocurrencies instead of taking a more enforcement-oriented approach. "The SEC has not taken steps to help develop the law around cryptocurrency, instead taking a case-by-case approach through enforcement actions, so reaching any type of legally binding precedent will take years because things need to go through the courts before reaching the appellate court."

Indra55

Rules need to be thoroughly understood.

Jiten171

The SEC's regulatory efforts are currently substantial.

Kahn332

First, rules need to be established; otherwise, where does reliable enforcement basis come from?

Jiger955

It's worth exploring and learning various methods.

Kapil334

This action needs to be examined as well.