CEO of Circle: The encryption field should have special regulatory rules instead of being incorporated into the existing financial regulatory system.

Circle CEO Jeremy Allaire said in an interview recently that the use of Bitcoin has increased recently as more and more people begin to view Bitcoin as a valuable asset. The job of regulators is to reduce the potential risks of emerging industries and protect people's assets, but they must follow the rules of market activity, otherwise it will hinder the massive innovation in the current encryption market. He also said that regulators should develop specific rules rather than incorporating encryption into the regulation of the existing financial system.