The SEC in the US promotes the regulation of encryption and AI in finance, aiming to protect investors and encourage innovation and competition with minimal intervention.

[The SEC promotes cryptocurrency and AI financial regulation to protect investors with minimal intervention principles while encouraging innovation and competition] SEC Chairman Paul S. Atkins stated at the OECD Global Financial Markets Roundtable that the SEC will modernize securities regulation rules through Project Crypto, clarifying the securities status of crypto assets and providing a clear regulatory framework for companies to raise funds, trade, stake, and lend on-chain. He emphasized that most crypto tokens do not fall under the category of securities, and regulation will protect investors with minimal intervention while encouraging innovation and competition. Atkins also pointed out that artificial intelligence (AI) will combine with blockchain to promote "smart agent finance," achieving automated trading, capital allocation, and risk management, enhancing market efficiency and reducing costs. He called for international cooperation, drawing lessons from the EU's MiCA experience, to jointly advance digital asset regulation and financial innovation. The SEC's goal is to establish a globally leading encryption and AI financial ecosystem in the United States, creating more opportunities for investors and businesses.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)