U.S. lawmakers blasted the SEC: The encryption regulatory "police" has failed in its duties. Is the industry reaching a turning point?

U.S. Congressman Stephen Lynch recently publicly criticized the U.S. Securities and Exchange Commission (SEC), saying frankly that under the leadership of the Trump administration, it is no longer the "street police" in the field of cryptocurrency. He accused the SEC of abandoning multiple investigations and enforcement actions against the encryption industry, and there was a clear shift in regulatory attitudes.

This matter is critical because it comes directly from within Congress and points directly to changes in decision-making at the highest levels of the SEC. This is not only a political statement, but may also indicate that the overall strategy of U.S. encryption supervision will shift from "high-pressure enforcement" to "strategic contraction." For exchanges such as Binance and Coinbase that have long been battling with the SEC, the pressure may be temporarily relieved.

For retail investors, in the short term, regulatory uncertainty is reduced and market sentiment may be boosted. But long-term risks have not disappeared, and markets lacking clear rules are more likely to breed chaos. **In this context, it is particularly important to choose an exchange with a clear fee structure and controllable costs. Platforms like CoinRebate can help you compare the real rates of major exchanges with one click, and the money you save is real money. **

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This article was edited by CoinRebate AI, data source: CoinTelegraph