After Trump returned to the White House, the SEC's enforcement efforts in the cryptocurrency industry significantly decreased.

An investigation by The New York Times revealed that since Trump's return to the White House, the U.S. Securities and Exchange Commission (SEC) has notably reduced its enforcement actions in the cryptocurrency sector. Data shows that over 60% of the cryptocurrency cases it was still processing at the time of his return faced suspensions, reduced penalties, or were directly withdrawn, and no new cryptocurrency-related cases have been added since then.

This change is particularly striking in that the SEC has stopped pursuing all cases involving cryptocurrency companies known to have connections with Trump. Specifically, lawsuits against well-known cryptocurrency exchanges such as Binance, Coinbase, and Gemini have been withdrawn or frozen, and the SEC had also attempted to reduce the fines against Ripple, although this attempt did not gain support from the courts.

In response to external criticism, the SEC denied any political bias, emphasizing that its enforcement adjustments are based on legal judgments and policy considerations. However, this explanation has not fully quelled the controversy. Some former SEC officials have expressed concern that this reduction in enforcement might severely undermine investor protection mechanisms, especially in the high-risk, high-volatility cryptocurrency market.

As an emerging field, the cryptocurrency industry has always faced regulatory challenges. This shift in the SEC's enforcement strategy undoubtedly adds more uncertainty to the industry's future development. Finding a balance between maintaining market order, protecting investor interests, and encouraging innovation has become a pressing issue for regulators to address. In the future, the direction of the SEC’s regulation in the cryptocurrency industry deserves continued attention from all market participants.

#美SEC和CFTC加密监管合作 $ETH