ME Message, December 13th (UTC+8), Caroline Crenshaw, a commissioner of the Securities and Exchange Commission who will leave office in less than a month, expressed her views on the regulatory agency's attitude towards the regulation of digital assets during her final public speaking opportunity.

Crenshaw pointed out at an event hosted by the Brookings Institution on Thursday that the SEC's regulatory standards have been "weakened" over the past year, leading to the "market beginning to exhibit characteristics of a casino." As the agency has dismissed multiple long-standing enforcement cases, reduced civil penalties, and overall initiated fewer lawsuits, the market has displayed a chaotic situation. (Source: ME)