In conjunction with the possible new changes in the SEC leadership mentioned yesterday, today we will focus on the impact on the lending and pledge industry.
As the U.S. Securities and Exchange Commission (SEC) continues to increase its regulatory efforts in the cryptocurrency industry, especially in staking and lending products, the future of the entire industry is full of uncertainty. The SEC's staking service case against the Kraken trading platform marks that the compliance issues of staking and lending businesses in the crypto industry have begun to attract widespread attention. With the possible change in SEC leadership, the market is full of expectations for future adjustments to crypto industry policies and clear compliance guidelines.