US SEC Commissioner: Worried that the US will lag behind other countries in attracting encryption-related businesses

According to NewsBTC, US Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce recently spoke about the regulation of the encryption market in a speech in Singapore. Hester said: "I often worry that the United States will lag behind other countries in attracting encryption-related businesses, unless we are more inclined to establish a clear and standardized regulatory system. One of the characteristics of the US financial system is the large number of regulatory agencies. – In addition to the federal government's responsibility distribution, there are several federal financial regulators."