Gary Gensler continues to uphold his stance on Crypto Assets regulation even after leaving office.

Former Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler has rarely made public statements since leaving office in January this year, but in a recent interview with CNBC, he reiterated his tough enforcement stance on the Crypto Assets sector during his tenure, causing an uproar among the public.

He emphasized that Crypto Assets are "highly speculative and extremely risky assets," and resolutely defended his regulatory decisions regarding digital assets during his term. He also cited major fraud cases such as that of Sam Bankman-Fried as examples to prove the necessity and legitimacy of strict regulation.

In stark contrast, under the new leadership appointed by Trump, the SEC is rapidly reversing the regulatory path set during the Gensler era.

SEC Acting Chair Mark Uyeda has canceled multiple lawsuits and investigations against Crypto Assets companies, some of which were also withdrawn gradually under the direction of the new administration.

The newly appointed SEC Chair Paul Atkins has previously stated that the vast majority of tokens do not qualify as securities, and he has advocated for simplifying the listing process for Crypto Assets ETFs, significantly reducing the compliance burden on the industry.

The policy turning point also includes Trump's recent proposal to abolish the quarterly reporting system for listed companies and switch to a semi-annual reporting system. Atkins responded that the SEC will actively consider this change, emphasizing that the appropriate pace should be determined by the market.

Gensler, on the other hand, holds a reserved attitude towards the reform of the annual report system, believing that reducing the frequency of disclosures may exacerbate market volatility and harm transparency.

Despite the widespread criticism of Gensler's "enforcement regulation" model in the crypto industry, and even though some cases have been terminated by the new SEC, he still insists that the policies during his tenure are correct and necessary.

With the #SEC rapidly turning to a loose policy under Trump&# 39;s new administration, the era of "enforcement regulation" represented by Gensler may have come to an end, but its policy legacy continues to impact the compliance debates and development paths of the Crypto Assets market. Balancing regulatory requirements with promoting innovation remains a core issue that the SEC urgently needs to address.

#Crypto Assets Regulatory Stance