Mark Uyeda, commissioner of the U.S. Securities and Exchange Commission (SEC), acknowledged that the agency’s approach to cryptocurrency regulation has been inadequate. Speaking Wednesday on Fox Business, Uyeda admitted:

I think our policies and our approach over the last several years have been just really a disaster for the whole industry.

He criticized the SEC’s reliance on “policy through enforcement,” stating that the agency has “done nothing to provide guidance on it.” Uyeda explained that this lack of direction has resulted in courts issuing conflicting rulings on the matter.

His remarks come in the wake of a lawsuit filed Tuesday by Crypto.com against the SEC. The platform accused the agency of overstepping its authority by regulating cryptocurrency as securities without proper jurisdiction. While Uyeda refrained from commenting directly on the lawsuit, he expressed broader concerns about the SEC’s failure to provide clear regulatory guidance, noting:

We have not provided interpretive guidance as to what you can and cannot do.

He added that the agency needs to clarify what falls under securities law, explaining, “You can’t even start to have a discussion unless you know what’s in and what’s out.”

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。