The U.S. Securities and Exchange Commission (SEC) recently announced a groundbreaking initiative to hold a series of roundtable discussions in ten cities across the country this fall to hear directly from the encryption industry. This marks a significant shift in the SEC's regulatory strategy, as it explicitly states that industry opinions will be an important basis for policy-making.

This public participation initiative specifically emphasizes the perspectives on emerging companies that have been established for less than two years, reflecting the regulatory authorities' focus on innovative forces. SEC Commissioner Hester Peirce stressed that this move aims to ensure that the regulatory framework can accurately reflect the current state of the industry and the demands for innovation, in order to avoid potential risks of over-regulation or under-regulation.

Once this news was announced, it immediately sparked widespread reactions in the financial sector. The cryptocurrency community warmly welcomed the SEC's open attitude, while also receiving positive responses from traditional financial institutions and cryptocurrency investment firms.

For the entire encryption currency ecosystem, the SEC's move will undoubtedly greatly enhance the transparency and predictability of the regulatory environment in the future. This change may bring significant development opportunities, especially for smaller but innovative companies.

With the launch of this unprecedented public participation plan, the industry generally believes that it will not only help build a more reasonable regulatory framework but also lay a solid foundation for the long-term healthy development of the encryption industry.