Jay Clayton may go after AI—this is like a residential compound changing property managers. The first fire when he took office wasn’t fixing roads; it was slapping tickets on every abandoned parked car that had been sitting illegally for years. The owner groups were flooded with complaints, but rules were still put in place that way. The most convenient method, as always, is issuing fines.
The crypto world recognizes this face. In his years at the SEC, what he relied on was enforcement replacing regulation: first sue under existing provisions, then let the industry figure out the boundaries itself. Reading policy is like reading the market— I don’t care about the wording, I only look at who gets dispatched and what tactics are used. He ran this playbook through crypto, and now—using the same hands—those moves are being shifted to AI.
What should be most guarded against is the same approach: enforce first, then establish rules—only for it to land on AI next.
#SEC拟修订加密资产托管规则
The crypto world recognizes this face. In his years at the SEC, what he relied on was enforcement replacing regulation: first sue under existing provisions, then let the industry figure out the boundaries itself. Reading policy is like reading the market— I don’t care about the wording, I only look at who gets dispatched and what tactics are used. He ran this playbook through crypto, and now—using the same hands—those moves are being shifted to AI.
What should be most guarded against is the same approach: enforce first, then establish rules—only for it to land on AI next.
#SEC拟修订加密资产托管规则
