Lawyer talks about SEC encryption regulation: do all the wrong things first, then do the right things

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Odaily Planet Daily Fox Business reporter Eleanor Terrett wrote in a post on X, saying that Richard Levin, a lawyer at Nelson Mullins, commented on the US SEC’s encryption regulation: "I always remember Winston Churchill said: You can expect Americans to do the right thing after they have done all the wrong things… Unfortunately, this is exactly what we are doing now. I have been involved in cryptocurrency business since 2010 and financial technology business since 1999. This is a normal development. Regulatory agencies often have a rulebook that was written when people were still wearing leather football helmets SAFEMARS.

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