#美SEC推进SECCrypto2.0计划 The U.S. Securities and Exchange Commission (SEC) is currently advancing the "SEC Crypto 2.0" initiative, aimed at strengthening the regulation of digital assets while balancing financial innovation and investor protection. Below are the main contents and background of this initiative:
### 1. **Establishment of a New Presidential Cryptocurrency Working Group**
- The SEC announced the establishment of the "Presidential Cryptocurrency Working Group 2.0" to further promote the formulation of a digital asset regulatory framework.
- The group's goal is to clarify the trading rules for digital asset securities, ensuring that both on-chain and off-chain transactions comply with the same reporting requirements as traditional securities.
### 2. **Regulatory Focus and Measures**
- **Strengthening Off-Chain Transaction Regulation**: The SEC plans to develop investor protection and market structure norms for off-chain transaction activities on trading platforms.
- **Improving Trading Reporting Mechanisms**: The SEC intends to revise the Securities Exchange Act rules to require timely reporting of all transactions considered digital asset securities.
- **Establishing a Cross-Agency Digital Asset Trading Repository (DART)**: The SEC will collaborate with the Commodity Futures Trading Commission (CFTC) to jointly authorize and regulate a digital asset trading repository to enhance market transparency.
### 3. **Policy Background and Transformation**
- This initiative marks the SEC's transformation from an "enforcement-focused" approach to a "rule-making-focused" approach, aiming to provide a clearer regulatory framework for the crypto industry.
- Following the Trump administration's ascendance, the SEC leadership has adjusted, with the new acting chairman Mark Uyeda and commissioner Hester Peirce promoting more crypto-friendly regulatory policies, reducing the hardline enforcement tendencies of former chairman Gary Gensler.
### 4. **Industry Response and Controversies**
- The crypto industry has long criticized the SEC for unclear regulation, and this reform is seen as a signal of policy easing.
- However, some internal SEC personnel (such as commissioner Caroline Crenshaw) remain concerned about the reduction in enforcement actions, believing it could undermine regulatory credibility.
### 5. **Future Outlook**
- If crypto-friendly individuals (such as Teresa Goody Guillén) officially take over as SEC chairman, it may further promote the optimization of the regulatory framework and facilitate the development of the digital asset market.
- Meanwhile, the SEC still needs to balance the interests of traditional financial regulation with those of the emerging crypto industry, ensuring market stability and investor protection.